256 NW 57th ST, Miami, FL 33127
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Rachel Small

Rachel Small

+1(305) 570-1167
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Est. payment | /mo

1,600 SqFt

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-
Est. payment | /mo
Save Virtual Tour

1,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Subdivision Railroad Shops Inter Scho

MLS Listing ID A11906273

Construction Status Resale,Updated/Remodeled

HOA Y/N No

Year Built 1971

Annual Tax Amount $12,367

Tax Year 2024

Property Sub-Type Duplex

Property Description

Exceptional investment opportunity in the heart of Miami's emerging Little Haiti corridor! This renovated duplexcombines strong STR income performance with long-term redevelopment potential as T3-O zoning. Potentialmultifamily 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-transformingneighborhoods.

Location

State FL

County Miami-dade

Area 2310

Interior

Heating Electric, Separate Meters

Cooling Central Air

Flooring Terrazzo

Fireplace No

Exterior

Pool In Ground

Utilities Available Cable Not Available

Water Access Desc Public

Roof Type Other

Total Parking Spaces 3

Private Pool Yes

Building

Dwelling Type Duplex

Story 1

Sewer Public Sewer

Water Public

New Construction No

Construction Status Resale,Updated/Remodeled

Schools

Middle Schools Jose De Diego

High Schools Miami Edison

Others

Pets Allowed No

Tax ID 0131130480310

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11906273

BeachesMLS, Inc. (FLR) VOW
Listed by Patricia Pappaterra Compass Florida LLC

Nearby Locations

Rachel Small

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(305) 570-1167

rachelsellsluxury@gmail.com

323 Sunny Isles Blvd, Sunny Isles Beach, FL, 33160, USA

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256 NW 57th ST

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