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256 NW 57th St, Miami FL 33127

Multi-family For Sale
$1,187,500

BTC: 39.58333333

ETH: 593.75000000

31 days
0 room(s)
1,600 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • Miami • 33127 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1971
Lot:
No Data
Heating:
Electric
Price/sqft:
$742
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Terrazzo

    Heating

    • Electric

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-31-13-048-0310

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $12,367

  • Source details

    • MLS ID: A11906273

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Pool Features: In Ground

    • Living Area: 1600

    • Water Source: Municipal Water

    • Subdivision Name: RAILROAD SHOPS INTER SCHO

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC