256 NW 57th St, Miami, FL 33127

Local realty services provided by:Better Homes and Gardens Real Estate Destinations
256 NW 57th St,Miami, FL 33127
$1,187,500
  • - Beds
  • - Baths
  • 1,600 sq. ft.
  • Multi-family
  • Active
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 income performance with long-term redevelopment potential under 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 annual gross income and a 6.23% CAP rate based on the current $1.3M 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:November 03, 2025 at 04:31 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)
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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