Contact
Tell us about your needs

256 NW 57th St, Miami FL 33127

Multi-family For Sale
$1,187,500

BTC: 13.19519071

ETH: 389.34426230

65 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

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

Similar Homes

680 NE 64th St, Miami FL 33138 placeholder 680 NE 64th St, Miami FL 33138
New
For Sale
Penthouse
$995,000
4 bds 4 ba 2,147 sqft
680 NE 64th St, Miami FL 33138
1542 NW 35th St, Miami FL 33142 placeholder 1542 NW 35th St, Miami FL 33142
New
For Sale
Commercial
$1,175,000
0 room(s)
1542 NW 35th St, Miami FL 33142
3123 NW 22nd Ct, Miami FL 33142 placeholder 3123 NW 22nd Ct, Miami FL 33142
New
For Sale
Multi-family
$1,498,000
0 room(s) 3,021 sqft
3123 NW 22nd Ct, Miami FL 33142
5800 NE 3rd Ave, Miami FL 33137 placeholder 5800 NE 3rd Ave, Miami FL 33137
New
For Sale
Multi-family
$849,000
0 room(s) 1,540 sqft
5800 NE 3rd Ave, Miami FL 33137
3449 NE 1st Ave # 109, Miami FL 33137 placeholder 3449 NE 1st Ave # 109, Miami FL 33137
1 days
For Sale
Condo/Co-op
$975,000
2 bds 2 ba 2,048 sqft
3449 NE 1st Ave # 109, Miami FL 33137
5510 NW 1st Ave, Miami FL 33127 placeholder 5510 NW 1st Ave, Miami FL 33127
1 days
For Sale
House
$1,095,000
3 bds 3 ba 1,178 sqft
5510 NW 1st Ave, Miami FL 33127
121 NW 53rd St, Miami FL 33127 placeholder 121 NW 53rd St, Miami FL 33127
1 days
For Sale
House
$1,250,000
5 bds 3 ba 1,493 sqft
121 NW 53rd St, Miami FL 33127
121 NE 34th St # 1904, Miami FL 33137 placeholder 121 NE 34th St # 1904, Miami FL 33137
1 days
For Sale
Condo/Co-op
$889,000
2 bds 2 ba 1,096 sqft
121 NE 34th St # 1904, Miami FL 33137

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 ©2026-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