323 NW 56th Ave, Miami, FL 33126
Local realty services provided by:First Service Realty ERA Powered
Listed by: malgorzata sadowska
Office: keller williams capital realty305-662-7325
MLS#:A12053829
Source:SEFMLS
Price summary
- Price:$800,000
- Price per sq. ft.:$470.04
About this home
INVESTORS; HOUSEHACKERS & HOMEBUYERS! Pristine, fully updated compound in Miami’s urban core—5 mins to MIA and near Coral Gables, Brickell, Coconut Grove, Wynwood, and beaches. This property features a modern 3-bedroom, 1-bathroom primary residence plus flexible separate living quarters, offering a high-yield investment or a versatile multi-generational estate. Live in the primary home and keep family close, use the additional space as private guest suites, or utilize them for solid income potential. The roof is brand new, and everything else is like-new including A/C, plumbing, electric, hurricane impact windows and doors. The primary home features a bright open layout, a chef’s kitchen with cabinets to the ceiling, laundry room, and an upgraded bath with a fresh feel. The exterior boasts luxury travertine tile accents, a secure side gate for boat parking, a massive circular and another driveway with parking for up to 7 cars, and a separate 90 sq ft unfinished side storage room offering additional potential to expand your income or living space. For investors, this turnkey gem is a cash-flow goldmine with uncapped flexibility. On long-term leases, it has a potential to generate a stable total cash flow of $7,500/mo, yielding a true 7.95% CAP rate. For Airbnb use, it is projected to gross $110K–$148K+/yr with 11.39% CAP rate, heavily driven by its premium airport proximity. This pristine and centrally located compound offers unmatched value for investors and end users alike....
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Home facts
- Year built:1955
- Listing ID #:A12053829
- Updated:July 20, 2026 at 06:06 PM
Rooms and interior
- Flooring:Ceramic Tile, Tile
- Living area:1,345 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric, Zoned
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1955
- Building area:1,345 sq. ft.
- Construction Materials:Block
- Exterior Features:Fence, Fruit Trees, Open, Porch, Room For Pool, Security High Impact Doors
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$800,000
- Price per sq. ft.:$470.04
- Tax amount:$8,764 (2025)
Features and amenities
- Amenities:Impact Glass Windows, Lighting
Parking
- Total parking spaces:7
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