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321 NW 56th Av, Miami FL 33126

House For Sale
$800,000

BTC: 12.75917065

ETH: 501.66490039

5 days
4 bds
3 ba
1,345 sqft

Overview

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.

Location

Florida Miami 33126 House For Sale

Details

Type:
Residential
Parking:
Circular Driveway / Driveway
Year Built:
1955
Lot:
6760 Square Feet
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
$600,000
$465K – $785K
Confidence Low
List vs. estimate
$200K above estimate
List $800,000 · +33.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$594
+26.4% vs. city median $470
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $492K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,674
2025
View
Garden
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    • Other

    • Zoned

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Other Equipment/Appliances

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Other

    • Split Bedroom

    • Stacked Bedroom

    • Volume Ceilings

    • Attic

    • Family Room

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Parking

    • Circular Driveway

    • Driveway

    Property

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

    Lot

    • Lot: 6760 Square Feet

    Other Property Information

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

    • Zoning: 5700

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $8,674

  • Source details

    • MLS ID: A12035229

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Utility Room/Laundry

    • 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

    • Direction Faces: Northwest

    • Other Structures: Extra Building/Shed / Shed(s)

    • Architectural Style: Detached / One Story

    • Living Area: 1345

    • Water Source: Municipal Water

    • Subdivision Name: IDEAL HOMES SUB NO 7

Private inquiry
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Market around this address

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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 ©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