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256 NW 57th St, Miami FL 33127

Multi-family For Sale
$1,150,000

BTC: 19.65811966

ETH: 721.14329431

-$38K (2026/06/10)
239 days
0 room(s)
1,600 sqft

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 great CAP Rate above 6%. 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

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1971
Lot:
No Data
Heating:
Electric
Price/sqft:
$719
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$629,450
$544K – $945K
Confidence Low
List vs. estimate
$520K above estimate
List $1,150,000 · +82.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$718
+71.1% vs. city median $420
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $572K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,367
2024
Pool
In Ground
Parking
3 spaces
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

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.

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Market around this address

Live counts in the same area.
View all
This zip
33127
112
median $1.1M
Active
Same city
Miami
5,519
median $650K
Active
Same type
Multi-family
205
median $950K
Active
Similar price
$805K – $1.5M
970
median $1.1M
Active

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