256 NW 57th St, Miami, FL 33127
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: patricia pappaterra
Office: compass florida, llc.
MLS#:A11906273
Source:SEFMLS
Price summary
- Price:$1,187,500
- Price per sq. ft.:$692.02
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 6.87% CAP rate based on the current $1.187M asking price. 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.
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Home facts
- Year built:1971
- Listing ID #:A11906273
- Updated:December 17, 2025 at 12:44 PM
Rooms and interior
- Living area:1,600 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
Structure and exterior
- Year built:1971
- Building area:1,600 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,187,500
- Price per sq. ft.:$692.02
- Tax amount:$12,367 (2024)
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