1992 NW 56th Street, Miami, FL 33142

$650,000
Property Type: Residential Income Square Footage: 1,882 Status: Active
Current Price: $650,000 List Date: 8/28/2026 Last Modified: 10/26/2026

Overview

Description

Exceptional investment opportunity at 1992 NW 56th St! This turnkey fourplex features four 1-bedroom, 1-bathroom units on a desirable corner lot. Section 8 approved and ideally positioned for strong rental demand, this property is perfect for both new and seasoned investors looking to grow their portfolio. Conveniently located near major highways, schools, shopping, and employment centers. Units are move-in ready and primed for tenant occupancy, offering immediate income potential. Don't miss your chance to secure a cash-flowing asset in a rapidly growing market before prices climb further.

Listing Details MLS# A12041165

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
1882
Living Area Main
1672
Adjusted Area Main
1742
Year Built
1948
Parking Total
4
Lot Size Dimensions
11,434.5
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: Rent Rolls Flooring: Vinyl Structure Type: Multi Family Construction Materials: Block Cooling: Wall/Window Unit(s) Heating: Separate Meters; Window/Wall Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: County Only Utilities: Cable Not Available Water Source: Public Showing Requirements: Call Listing Agent Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Parking Space Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: Parking Space Unit 4 Appliances: Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Parking Space Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
725000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1992
Street Direction Prefix
NW
Street Name
56th
Street Suffix
Street
City Name
Miami
Municipal Code
30
State Or Province
FL
Postal Code
33142
Postal Zip
33142
Subdivision Name
BELVEDERE
Area
2310
Elementary School
Agenoria S. Paschal / Olinda
Middle Or Junior School
Brownsville
High School
Miami Northwestern
Parcel Number
3031150140170
Subdivision Number
14
Zoning
0100
Flood Zone
X

Financial Information

Tax Annual Amount
8177
Tax Year
2025
Tax Legal Description
BELVEDERE PB 13-70 LOTS 11 & 12 BLK 2 LOT SIZE 108.900 X 105 OR 13794-1309 0888 1

Status Change Information

Major Change Timestamp
2026-10-26T23:28:37Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-10-26T23:28:37Z
Status Change Date
2026-08-28

More Information

Meter Information

Separate Electric Meters YN
Yes

Income and Expenses

Gross Income
5600

Unit 1 Details

Actual Rent
1500
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
SqFt
500

Unit 1 Lease Description

Occupant Type
Vacant

Unit 2 Details

Actual Rent
1500
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
SqFt
500

Unit 2 Lease Description

Occupant Type
Vacant

Unit 3 Details

Actual Rent
1500
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
SqFt
500

Unit 3 Lease Description

Occupant Type
Vacant

Unit 4 Details

Actual Rent
1100
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
SqFt
500

Unit 4 Lease Description

Lease Term
Month To Month

Price Calculations

Current Price To SqFt
388.75

Section Details

Parcel Number MLX
0170

Originating Details

Originating System Key
515020262
Originating System ID
M00000151
IDX
Listing Office: Keller Williams Capital Realty
Source MLS Verified
Last Updated: October - 26 - 2026
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