by RH Advisors

See Home Value
$9,000,000
House - Off Market

601 NE 56th St

Miami, FL 33137
bedrooms
7 Beds
bathrooms
8 Baths, 2 Half Baths
square feet
4582 Sqft
$45,435
Estimated Monthly
$0
HOA / Fees
3.42%
Cap Rate

About This Property

This Incredible 1920s era Mediterranean Historic Home has been completely renovated, boasting 7 bedrooms, 6/2 bathrooms, and over 5000 total SqFt. Florida's 2nd registered woman Architect, Marion Manley, who also designed University of Miami's Campus, was the original Architect for this Home. Features: Brand New Kitchen, Primary Suite, Guest Rooms, Balcony, Laundry Room, and Outdoor Dining Terrace on the 2nd Floor. Spacious living room with original beams/fireplace also opens to a covered outdoor dining area. The private inner courtyard is an entertainers dream, complete with a Spa. Rare 3rd floor loft with 360 degrees of natural lighting can be your private study. New Hurricane Impact windows, new Oak Floors and Tiles, Custom closets for each bedroom. Call listing agents for appointments.
Unit Size
4,582Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$1,964
Property Type
House
Property Taxes
$1,243
HOA Dues
-
Year Built
1921
Last updated: 4 months ago (Miami MLS #A11344704)

Price History

Date / Event Date Event Price
Jan 10, 2024 No longer available -
No longer available
Feb 17, 2023 Listed by Brokers, LLC $9,000,000
Listed by Brokers, LLC
Apr 1, 2019 No longer available -
No longer available
Sep 5, 2018 Listed by Douglas Elliman $1,165,000
Listed by Douglas Elliman
Wondrous 1920s era Mediterranean revival gem with preserved era charm is on a corner home site located in the heart of Miami's first historic community of Morningside. Authentic era features and elegance have been preserved along with contemporary necessities. This spacious home boasts a large living area with an impressive artistry blend of ironwork, woodwork and tile, can rival amazing entertaining venues. Outdoor space includes a courtyard adorned with a fountain, a fenced-in backyard…

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,869
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 845
  • Total Building Area: 2,721
  • Gross Building Area: 2,721
  • Building Area: 2,370
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,370
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYSHORE UNIT NO 3
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAYSHORE UNIT NO 3 PB 12-50 LOT 18 BLK 21 LOT SIZE 84.470 X 105 OR 15696-2120 1092 1

Ownership

  • Current Owner : 601 NE 56 STREETS LLC
  • Previous Owner : LOWETH CHAD
  • Owner Before Previous Owner: ROSENBERG ARTHUR J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002100

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 174
  • District: 01
  • Parcel: 01-3218-037-0210
  • Block: 21
  • Lot: 18
  • Meridian: SEC 18 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8279
  • Longitude: -80.1827

    Address

  • Full Address: 601 Ne 56th St
  • Legal Unit: 3
  • Address - House Number: 601
  • Street Direction: NE
  • Address - Street Name: 56th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C065
  • 4-Digit Zip Code: 2317
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 2,160
  • Tax Year: 2023
  • Tax Amount: $18,708
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,663,453
  • High Value: 1,967,653
  • Low Value: 1,359,252

    Market Valuation

  • Market Total Value: $1,022,590
  • Market Land Value: $1,019,604
  • Market Improvement Value: $2,986

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $673,341

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: May 01, 2020
  • Current Sale Transaction ID: 11759883482
  • Current Sale Price: $750,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2020R0259106
  • Previous Sale Recording Date: May 31, 2019
  • Previous Sale Contract Date: May 14, 2019
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
6 Baths
4,125 ft²
$2,012/ft²
$8,299,000 Nov 3, 2022
-
$1,492/mo
House
5 Beds
6 Baths
4,334 ft²
$2,123/ft²
$9,200,000 Jun 5, 2023
-
$4,030/mo
Commercial
Loft
-
-
$9,000,000 Jun 1, 2023
-
$3,788/mo
Land
Loft
-
-
$8,112,000 Jun 4, 2023
-
$810/mo

About Northern Miami


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Frequently Asked Questions

When was property at 601 Northeast 56th Street built and last sold?
The property at 601 Northeast 56th Street was built in 1921 and last sold on Apr 22, 2020 for $750,000.
How much is this home worth?
The estimated value of the home located at 601 Northeast 56th Street is $9,090,000.
What are some comparable homes to 601 Northeast 56th Street?
Homes that are comparable to 601 Northeast 56th Street include a house property at 714 Northeast 59th Street, 4380 Lake Road, 5700 Northeast 4th Avenue.

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