19 days on rocket

49 NE 56th St, Miami, FL, 33137

$875,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,139 SqFt
$409/SqFt
Multi
Schools Nearby

Location

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49 NE 56th St, Miami$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1955
HeatingOther
CoolingElectric
MLS #A11565739
StatusActive

About 49 NE 56th St

ATTENTION INVESTORS! Unlock the potential of this DIAMOND in the rough nestled in the heart of Miami, just moments away from Upper Buena Vista, Miami Design District, Midtown, Wynwood, and Museums. This 4Plex consists of three 1 Bedrooms/ 1 Bath units and a Studio apartment. With rents currently BELOW Market VALUE, investors stand to benefit from significant appreciation and rent growth potential. While in need of some TLC / REHAB, the canvas is primed for transformation into a lucrative investment. The property is being Sold AS-IS without repairs or warranty. *** ALL SHOWINGS WILL BE SCHEDULED AFTER SUBMITTING AN OFFER ***. Don’t miss out on this chance to Elevate your Portfolio! The sellers are Motivated and Ready to Make a Deal. ** PLEASE DON’T DISTRUB THE TENANTS. **

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1955
  • Stories: 1
  • Living Area: 2,139 SqFt

Listing Office:

  • Office Name: The Keyes Company
  • Office Phone: (305) 822-9800
  • Listing Agent: Tanya Milton PA

Interior Features

Interior Information:

  • Flooring Type: Other, Tile

Virtual/3D Tour

  • Virtual Tour: 49 NE 56th St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Miami Edison Senior High School, Public Magnet Grades 9-12
  • Jose De Diego Middle School, Public District Grades 6-8
  • Toussaint L'Ouverture Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $409/SqFt

Tax Information:

  • Annual Amount: $6,068
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

49 NE 56th St vs Miami

19 DAYS ON ROCKET

-40 Days

$875,000

+$334.9K More

$409/SqFt

+$29 More

KEY TAKEAWAY

This property is $334.9K more than the Median Sold Price and $29/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11565739

Listing Office:

  • Office Name: The Keyes Company
  • Office Phone: (305) 822-9800
  • Listing Agent: Tanya Milton PA

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 12:55:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,068$282,062
2018$5,129$147,980
2017$4,903$210,809

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4006931
6
/10
  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 0.18 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4006932
1
/10
  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 1.57 miles

  • Public District Grades 6-8

High School

school-card-donut-4006933
2
/10
  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 0.67 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,485. Typical income of Miami, FL residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesFloridaMiami-Dade CountyMiami3313749 NE 56th St

This home is located at 49 NE 56th St in Miami, FL and zip code 33137 in the Buena Vista neighborhood. This 2,139 square foot home was built in 1955. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $875,000.

Miami, FL housing market in March 2024 saw over 115 listings sold above listed price, more than 149 sold at listed price and over 619 sold below. In March 2024 in Miami, FL there were 9.1% more homes for sale than in February 2024. Listings spent 59 days on the market in March 2024, and had a median list price of $540,091 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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