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3
Bedrooms
2
Bathrooms
1,050 sqft
Interior
1987
Year built
$285 / mo
HOA
Condominium
Type
About this home
*United States Bankruptcy court ordered sale*. 15 Day Closing and Cash offers only, Subject to Court Approval. “Part of a 70 Unit Rental Portfolio that can be purchased together or by group/loan pool". List price is from 2026 Market Value from Miami Dade County Property Appraiser records. Welcome to 2565 W 56th St #206 and this 3 bed 2 bath condo w/1050 sq ft. This property must be purchased with 17302 Northwest 74th Avenue Unit 201 (Dade MKT Value $267,680), 2403 West 76th Street Unit 106 (Dade MKT Value $288,530) & 7110 Northwest 173rd Drive Unit 107 (Dade MKT Value $267,080). All 70 properties are professionally managed by a 3rd party property management company that you can keep for turkey operation. **TOWN HALL ZOOM with SELLER, ATTORNEYS FOR YOUR QUESTIONS: November 10, 2026 at 4pm** contact us for link. **
Features
- Lobby
- Closet Cabinetry
- Open Balcony
- Garden View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$1,428
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.