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829 NW 56th St, Miami FL 33127

House For Sale
$417,000

BTC: 6.39766800

ETH: 219.16915444

-$33K (2026/05/05)
130 days
3 bds
2 ba
1,311 sqft

Overview

Prime investment opportunity in a rapidly developing Miami corridor. This is a rare chance to acquire a cash flowing property in just minutes from the Design District, Wynwood, and Downtown. Active tenants in place—do not disturb—this income-producing investment with strong upside is turnkey from day one. Currently configured as a single-family home, the property is zoned to turn into 2 separate units for higher rent potential, offering immediate value-add for easy investors. The property has new roof. Location benefits: Minutes to Design District, Wynwood, Downtown Miami, Quick access to I-95, Approximately 10 minutes to Miami International Airport, near Supermarkets, parks, the beach, and top Miami destinations. Why this property stands out for investors: Immediate cash flow with active tenants, Zoning flexibility to convert into two rental units. Priced to Sell!! LEASED for $2500 Tenants are in place tenant occupied

Location

Florida • Miami • 33127 • House • For Sale

Details

Type:
Residential
Parking:
On Street
Year Built:
1938
Lot:
5250 Square Feet
Heating:
Central
Price/sqft:
$318
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$450,000
$285K – $750K
Confidence Low
List vs. estimate
$33K below estimate
List $417,000 · -7.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$318
-33.3% vs. city median $477
Based on
85 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $495K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,125
2025
View
None
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • On Street

    Lot

    • Lot: 5250 Square Feet

    Other Property Information

    • Parcel Number: 01-31-14-038-0210

    • Zoning: 5700

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $7,125

  • Source details

    • MLS ID: A11988813

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Direction Faces: South

    • Architectural Style: Detached / One Story

    • Living Area: 1311

    • Water Source: Municipal Water

    • Subdivision Name: PINE HIGHLANDS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33127
298
median $1.1M
Active
Same city
Miami
12,325
median $637K
Active
Same type
House
2,949
median $810K
Active
Similar price
$291K – $542K
3,090
median $425K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Lab Realty Group, LLC