256 NW 57th St, Miami, FL 33127

Miami
Local realty services provided by:First Service Realty ERA Powered
256 NW 57th St,Miami, FL 33127
$1,150,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,600 sq. ft.
  • Multi-family
  • Active
Listed by: patricia pappaterra
Office: compass florida llc.561-285-4283
MLS#:A11906273
Source:SEFMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$670.16

About this home

Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplex combines strong STR income performance with long-term redevelopment potential as T3-O zoning. Potential multifamily 2–9 units. Featuring 3 beautifully updated units, modern finishes, impact windows, 2 electric meters, and 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-transforming neighborhoods. Lower your interest rate! Seller and preferred lender buy-down concessions are available for qualified buyers.

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Home facts

  • Year built:1971
  • Subdivision & Development:RAILROAD SHOPS INTER SCHO
  • Listing ID #:A11906273
  • Updated:October 03, 2026 at 09:55 PM

Rooms and interior

  • Flooring:Terrazzo
  • Living area:1,600 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1971
  • Building area:1,600 sq. ft.
  • Construction Materials:Block
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$670.16
  • Tax amount:$12,367 (2024)

Features and amenities

  • Pool features:In Ground, Pool

Parking

  • Total parking spaces:3
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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