53 56th Street, Miami, FL 33137

$1,290,000 — Active

Property Features

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Turnkey fourplex investment opportunity, fully rented with in-place income and a newly completed 2026 renovation in Miami’s Little Haiti / Buena Vista / Design District corridor. The property features four 1-bedroom/1-bathroom units, four parking spaces, and a straightforward operating profile supported by recent and substantial capital improvements. The property consists of approx. 2,486 SF of building area on a 5,750 SF lot, with T4-R zoning, Flood Zone X designation, and completed 40-year recertification per available records. Ownership has completed a substantial renovation program with high-quality upgrades and significant capital investment, including HVAC systems, plumbing, electrical, complete unit interiors, flooring, kitchens, bathrooms, appliances, laundry facilities, impact windows and doors, fencing, and exterior areas. This level of capital investment helps reduce near-term capital needs and CapEx exposure for the next owner. Strategic infill location near Buena Vista, the Design District, Midtown, Wynwood, Biscayne Blvd, the Upper East Side, Downtown Miami, and major employment/lifestyle destinations. Attractive turnkey opportunity for investors seeking Miami residential income, manageable operations, long-term neighborhood upside, and potential future development or expansion optionality.

▼ Price Reduced — originally listed at $1,315,000

Property Details

  • Listing ID: A12090011
  • Status: Active
  • Listing Date: 2026-09-17
  • Property Type: Quadruplex
  • Subdivision: 54 ST BUS CENTER SUB
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 2,486
  • Year Built: 1954

Financial

  • List Price: $1,290,000
  • Original List Price: $1,315,000
  • HOA Fee: None
  • Taxes: $10,925/yr

Features & Amenities

  • Cooling: Central Air
  • Heating: Central, Separate Meters
  • Flooring: Ceramic Tile
  • Construction: CBS
  • Roof: Shingle

Courtesy of Pack Real Estate Advisors LLC
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© 2026 Starfish Real Estate. Listings updated Nov 11, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.