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Property Description

Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplexrncombines strong STR income performance with long-term redevelopment potential as T3-O zoning. Potentialrnmultifamily 2–9 units. Featuring 3 beautifully updated units, modern finishes, impact windows, 2 electric meters,rnand a newly landscaped yard with pool area, this property has delivered an impressive $150,134 in 2024 annual gross income and a great CAP Rate above 6%. Enjoy consistent bookings from short-term rentals while benefiting from revitalization and proximity to Wynwood, the Design District, and Midtown. An ideal turn-key asset for investors seeking cash flow + appreciation upside in one of Miami’s fastest-transformingrnneighborhoods.

Features
In Ground
3
Address Map
FL
Miami-Dade County
Miami
33127
256 NW 57th St
RAILROAD SHOPS INTER SCHO
W81° 47' 55''
N25° 49' 39.6''
RAILROAD SHOPS INTER SCHO
MLS Addon
All Cash, Conventional, Fha-va Approved
1
Substantially Remodeled
Water, Other Rent Incl, Pest Control, Sewer, Trash Collection, Electricity, Pool Maintenance
1
Duplex
$12,367
2024
Click Here
Municipal Water
5700
2
03/11/2025 13:48:41

256 NW 57th St, Miami, Florida 33127

$1,162,500
1,600 size sq.ft.
Listing ID #A11906273
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11906273
Price $1,162,500
Square Footage 1,600 Sqft
Year Built 1971
Days on Market 129
Building Area 1,716 Sqft
Status Active
Property SubType Duplex
On Market Date 03/11/2025
Elena Beck
MiamiInvestrealty
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