256 NW 57th St, Miami, FL, 33127
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
Very Walkable
Good Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,815 | $69,780 |
| Home Insurance * | $281 | $3,372 |
| Property Taxes | $2,006 | $24,072 |
| Electricity | $197 | $2,366 |
| Total | $8,299 | $99,588 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-26 | Price change | $1,162,500 |
| 2025-11-03 | Listed for sale | $1,187,500 |
| 2025-10-23 | Listing removed | $1,300,000 |
| 2025-10-07 | Listed for sale | $1,300,000 |
| 2023-12-19 | Sold | $925,000 |
| 2022-10-05 | Sold | $439,900 |
| 2021-01-19 | Listing removed | -- |
| 2021-01-03 | Listed for sale | $350,000 |
| 2015-12-08 | Sold | $102,000 |
| 2015-10-23 | Listed for sale | $51,940 |
| 2014-07-24 | Sold | $67,200 |
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