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1785 NW 56th St
Multi-Family
New
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$550,000

$453/sqft

1785 NW 56th St, Miami

10% below median
4 bd·2 ba·1,215 sqft
Built 1946Flora Park

1785 NW 56th St, Miami, FL

4 bd · 2 ba · 1,215 sqft Multi-Family listed at $550,000, built in 1946 in the Flora Park neighborhood.

About this home

Discover this charming income-producing duplex ideally located in central Miami. Each unit offers 2 bedrooms and 1 bathroom, perfect for generating steady rental income or living in one side while renting , this property features block construction, separate electric meters, and a fully fenced yard for privacy and security. With ample parking, easy access to major highways, and proximity to Wynwood, Midtown, and Downtown Miami. Property can be shown only with a submitted offer.

Property details

Price
$550,000
Bedrooms
4
Bathrooms
2
Interior
1,215 sqft
Price / sqft
$453
Year built
1946
Type
Multi-Family
Days on market
17
Est. property tax
$4,730/yr · $394/mo · 0.86% FL avg
Last sold
$420,000 · May 2024
Virtual tour

Estimated monthly payment

Down payment20% ($110,000)
Interest rate6.75%
Principal & Interest$2,854
Property Tax$504
Insurance$150
Total$3,508/mo

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Price history

$601K$293K$-15K$36K on Nov 85 (Sold)$68K on Sep 15 (Sold)$185K on Jul 17 (Sold)$475K on Dec 23 (Initial list)$475K on Apr 24 (Price change)$475K on Apr 24 (Relisted)$420K on May 24 (Sold)$550K on Nov 25 (Initial list)$550K on Apr 26 (Initial list)
$36K · Nov 85$550K · Apr 26
  1. Apr 8, 2026$550,000Initial list price
  2. Nov 9, 2025$550,000Initial list price
  3. May 8, 2024$420,000Sold
  4. Apr 4, 2024$475,000Relisted
  5. Apr 2, 2024$475,000Price change
  6. Dec 26, 2023$475,000Initial list price
  7. Jul 12, 2017$185,000Sold
  8. Sep 24, 2015$68,000Sold
  9. Nov 1, 1985$36,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 1785 NW 56th St, Miami
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Home Intelligence

Neighborhood (zip 33142)

This neighborhood is primarily renter-occupied (28% owner-occupied). Median age is 38.5; 9% hold a bachelor's degree; median household income is $35,589.

Median income
$35,589
Median age
38.5
Owner-occupied
28.4%
Bachelor's degree
8.8%
Census median home value
$277,600

Source: US Census Bureau American Community Survey 5-year estimates.

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