256 NW 57th St, Miami FL 33127
Basics
- Price per sqft: $718.75
- Category: Residential Income
- Type: Duplex
- Status: Active
- Floors: 1
- Area: 1600 sq ft
- Lot size: 0 sq ft
- Year built: 1971
- Year remodeled: Resale
- MLS ID: A11906273
Description
-
Description:
Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplex
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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
- Neighborhoods: RAILROAD SHOPS INTER SCHO
Building Details
- Floor covering: Terrazzo
- Exterior material: CBS Construction, Concrete Block Construction
- Roof: Other
- Parking: 3