Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

323 NW 56th Ave, Miami FL 33126

Multi-family For Sale
$800,000

BTC: 12.47807952

ETH: 420.46840180

New
0 room(s)
1,345 sqft

Overview

INVESTORS; HOUSEHACKERS & HOMEBUYERS! Pristine, fully updated compound in Miami’s urban core—5 mins to MIA and near Coral Gables, Brickell, Coconut Grove, Wynwood, 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, 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, it has a potential to generate a stable total cash flow of $7,500/mo, yielding a true 7.95% CAP rate. For Airbnb use, it is projected to gross $110K–$148K+/yr with 11.39% CAP rate, heavily driven by its premium airport proximity. This pristine and centrally located compound offers unmatched value for investors and end users alike.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1955
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$595
Cooling:
Central Air / Electric / Other / Zoned
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$575,000
$411K – $783K
Confidence Low
List vs. estimate
$225K above estimate
List $800,000 · +39.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$594
+38.2% vs. city median $430
Based on
47 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $532K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,764
2025
Parking
7 spaces
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    • Other

    • Zoned

  • Property

    • Exterior Features: Exterior Lights / Fruit Trees / Room For Pool

    Other Property Information

    • Parcel Number: 01-41-06-066-0070

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $8,764

  • Source details

    • MLS ID: A12053829

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Porch

    • Window Features: Clear Impact Glass / Complete Impact Glass / High Impact Windows / Impact Glass

    • Other Structures: Extra Building/Shed

    • Architectural Style: Detached

    • Living Area: 1345

    • Water Source: Municipal Water

    • Subdivision Name: IDEAL HOMES SUB NO 7

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$960,000
House
4 bds · 2 ba · 1,687 sqft
KINBREY SUB, Miami
6320 SW 24th St, Miami FL 33155
For Sale
$579,500
House
3 bds · 1 ba · 1,314 sqft
GREEN HAVEN, Virginia Gardens
3801 NW 62nd Ct, Virginia Gardens FL 33166
For Sale
$849,000
House
4 bds · 3 ba · 1,614 sqft
FREDERICK MANOR, West Miami
6410 SW 17th St, West Miami FL 33155
+$100K
For Sale
$999,999
House
5 bds · 4 ba · 1,949 sqft
CORAL VILLAS REV,Coral Villas, Miami
6560 SW 34th St, Miami FL 33155
New
For Sale
$750,000
Commercial
0 room(s)
Miami
2545 NW 39th Ave, Miami FL 33142
New
For Sale
$861,900
Condo/Co-op
2 bds · 2 ba
17Gables Condo, Coral Gables
1715 Douglas Rd # 206, Coral Gables FL 33134
New
For Sale
$795,000
Multi-family
0 room(s) · 2,060 sqft
COMFORT GARDENS 1ST ADDN, Miami
1237 NW 33rd Ave, Miami FL 33125
New
For Sale
$859,900
House
3 bds · 2 ba · 1,403 sqft
CORAL GABLES FLAGLER STRE, Coral Gables
35 Oviedo Ave, Coral Gables FL 33134

Market around this address

Live counts in the same area.
View all

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: Keller Williams Capital Realty