720 NW 56 ST, Miami, FL 33127
Parcel: 0131140110020 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 6101
Assessed Value (2025)
$160,380
Property Details
Beds
6
Baths
4
Living Sqft
1,766
Year Built
1940
Lot Sqft
5,060
Stories
1
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS
Sales History
1
$112,500
2018-10-05
CECIL ASHELY JR & W VERA MAE EST OF → K I PROPERTIES LLC
2
$149,000+32%
2018-10-05
K I PROPERTIES LLC → CHM INVESTMENT GROUP LLC
3
$100non-market transfer
2021-02-12
CHM INVESTMENT GROUP LLC → CARLOS M HERNANDEZ
Tax Assessment History
$160,380
Assessed (2025)
$227,180
Market Value
$160,380
Taxable Value
$3,265
Annual Tax
2024
$145,800
$247,250
2025
$160,380
$227,180
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $160,380 | $227,180 | $160,380 | $3,265 | $188,140 | $39,040 |
| 2024 | $145,800 | $247,250 | $145,800 | $2,968 | $207,920 | $39,330 |
About 720 NW 56 ST, Miami, FL 33127
720 NW 56 ST, Miami, FL 33127 is a 6-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1940 with 1,766 square feet of living space on a 5,060 square foot lot. The property is currently owned by CARLOS M HERNANDEZ, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2021-02-12 for $100, when CHM INVESTMENT GROUP LLC sold to CARLOS M HERNANDEZ . The property sold for $112,400 less than the prior sale of $112,500 on 2018-10-05. There are 3 recorded sales for this property.
The 2025 assessed value is $160,380 with a market value of $227,180. This breaks down to $188,140 for the land and $39,040 for the building. The assessed value increased 10% from $145,800 in 2024.
The median household income in this area is $37,550, and the median home value is $320,700. The population density is 9,415 people per square mile. There are active mortgage liens totaling $315,103 recorded against this property.
720 NW 56 ST, Miami, FL 33127 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2018 to 2021, with 3 recorded transactions in the public record..
Current Owner
CARLOS M HERNANDEZ
13117 SW 215 TER, MIAMI, FL, 33177
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$2,324 — $4,328
Flood $400 — $800
Property/Wind $1,924 — $3,528
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$37,550
Median Home Value$320,700
Pop. Density9,415/sq mi
Neighborhood 33127
32.7%
Owner-Occ
67.3%
Investor
303
Flips (4yr)
5,843
New Biz (3yr)
Distress Risk
ELEVATED
44
Mortgages
ACTIVE
$336,000
MY MORTGAGE INC · 2021-03-01
Est. Total Balance $315,103
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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