321 NW 56th Av, Miami, FL 33126
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: malgorzata sadowska
Office: keller williams capital realty305-662-7325
MLS#:A12035229
Source:SEFMLS
Price summary
- Price:$800,000
- Price per sq. ft.:$470.04
About this home
INVESTORS & HOMEBUYERS! Pristine, fully updated single-family compound in Miami’s urban core—5 mins to MIA and near Coral Gables, Brickell, Coconut Grove, Wynwood, the cruise terminal 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 (=lower property insurance), 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, projected income is $6,200/mo, a true 6.57% CAP rate. For Airbnb use, it is projected to gross $90K–$120K+/yr with 10.47% 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 #:A12035229
- Updated:July 12, 2026 at 04:59 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Ceramic Tile, Tile
- Dining Description:Living/Dining Room
- Kitchen Description:Dishwasher, Electric Range, Microwave, Refrigerator
- Bedroom Description:Split Bedroom, Stacked Bedrooms
- 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.
- Lot area:0.16 Acres
- Architectural Style:Detached, One Story
- Construction Materials:Block
- Exterior Features:Fence, Fruit Trees, Open, Porch, Room For Pool, Security High Impact Doors
- Levels:1 Story
Schools
- High school:South Miami
- Middle school:Kinlock Park
- Elementary school:Flagler; Henry M.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$800,000
- Price per sq. ft.:$470.04
- Tax amount:$8,674 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Closet Cabinetry, High Ceilings, Impact Glass Windows, Lighting
Parking
- Parking description:Circular Driveway, Driveway
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