829 NW 56th St

Miami, FL 33127

$417,000

$318/ft²

3Beds

2Baths

1,311Sq ft

1938Year built

Single-family homeType

About this home

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

Property details

Listing

MLS #: A11988813
Status: For sale
Listed on: Mar 24, 2026
Days on market: 139 days
Listing data updated: May 8, 2026

Interior

Beds: 3
Baths: 2
Living area: 1,311 ft²
Price per ft²: $318/ft²

Building & community

Type: Single-family home
Year built: 1938
County: Miami-Dade

Lot & exterior

Lot size: 5,250 ft²

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $2,109
Property taxes (est.): $383
Home insurance (est.): $317
Flood insurance (est.): —

Estimated total$2,809*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?