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256 NW 57th St, Miami, FL, 33127

4beds
3baths
1,600sqft
$1,162,500
$727price/sqft
$8,386/moest. monthly cost
$335,440/yrincome needed

About This Home

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.

Getting Around

81
WalkingVery Walkable
51
TransitGood Transit
61
BikeBikeable

Schools

3/10
3/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1971

Materials

  • Roof: Other
  • Construction materials: Concrete Block Construction,CBS Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Flooring: Terrazzo

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,716
  • Total interior livable area: 1,600 sqft

Property

Details

  • Parcel number: 0131130480310
  • Zoning: 5700

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: In Ground

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 3