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829 NW 56th St, Miami FL 33127 — photo 11 / 25
7.3% reduced

829 NW 56th St, Miami FL 33127

Miami, FL

List Price

$417,000

Type

Single Family

Bedrooms

3

Bathrooms

2

Price / SqFt

$318/sqft

Price reduction

7.3% below original list — was $449,849

White canvas / value-addMotivated sellerTenant-occupied

Occupancy

tenant

From the listing

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 Information

Square Feet
1,311
Units
1
Days on Market
74
Status
active

Location

County
Miami-Dade County
Zip Code
33127
Coordinates
25.8274, -80.2109

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

Permit history

No open or expired permits on record

1 permit · City of Miami
  • Final

    BUILDING ROOFING

    #BD22009898001BR001 · issued 2022-06-07

Source: City of Miami open data. Status can lag the city by days; verify before relying.City of Miami permit search

Private inquiry

Interested in this deal?

Tell us a little and a licensed broker will follow up about this property.

Property: 829 NW 56th St, Miami FL 33127

Price: $417,000

We respect your privacy — your details are only used to follow up on this property.

Why this deal

  • 7.3% off original list price
  • Value-add opportunity
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

50/100

Fair

How this
is scored →
Estimated equityassumed40%

Scored neutral: our comparable-sale selection is being rebuilt so that it no longer references the asking price, and we will not score equity from an estimate we are not willing to publish.

Discount depth20%

7.3% off original list (full marks at 25%+).

Days on market20%

74 days on market (full marks at 120+ — more time = more leverage).

Seller-motivation signals20%

Soft motivation language (value-add, motivated, tenant-occupied, cash-only).

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.

Deal scorecard

How four stakeholders read this deal

Foverall

Risks

  • Negative estimated equity — buying above estimated ARV, verify comps
  • Flood zone AH — mandatory flood insurance required (NFIP or private); adds to carrying cost
  • conventional financing unlikely; cash or hard-money only

What a super-investor sees

Investor

F

Investor equity estimate based on ARV from closed MLS comps minus list price and estima…

  • Negative estimated equity — buying above estimated ARV, verify comps

What a bank sees

Lender / financing

F

Lender financeability estimate based on list price, ARV, and condition signals. Not a f…

  • conventional financing unlikely; cash or hard-money only
  • thin equity — lender-unfriendly LTV (≈ 101% of ARV)

What an insurer sees

Insurance / 4-point

C

Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…

  • Flood zone AH — mandatory flood insurance required (NFIP or private); adds to carrying cost

What a GC / AHJ sees

Permits / condition

Not assessed

We could not match this address to a county parcel, so no permit search was run. This is a limitation of our lookup and says nothing about the property. Verify directly with the building department.

4-point — last permit

  • Roofnot checked
  • Electricalnot checked
  • Plumbingnot checked
  • HVACnot checked

Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-10-23. Verify with licensed professionals.

Deal calculator

Value-add deal calculator

829 NW 56th St, Miami FL 33127, Miami, FL

ARV is seeded from the asking price, not from comps — enter your own after-repair value. We are rebuilding comparable-sale selection so it no longer references the ask, and we will not pre-fill this field from an estimate we are not publishing.

Recommended max offer

$171,504

Room vs list (above list)

$245,496

Est. equity

-$149,265

-36% of ARV, at list

ROC at list

-26%

Est. all-in at list

$566,265

list + rehab + txn + carry

70% rule MAO

$197,400

Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.

One Academia. Academia Development Corp and Academia Real Estate Corp are divisions of The Academia Group.

Florida Licensed · Real Estate Broker BK3384781 · verify at myfloridalicense.com

Equal Housing Opportunity. Academia Real Estate Corp is committed to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, or national origin.