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256 NW 57th St Miami FL 33127 MLS #A11890155

256 NW 57th St
Miami, FL, 33127
$1,300,000
Beds
0 Bathrooms
1,600 SqFt
0 Acres
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$1,300,000
256 NW 57th St
Miami, FL, 33127
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Project Description

Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor!
This renovated duplex combines strong income performance with long-term redevelopment potential under 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 annual gross income and a 6.23% CAP rate based on the current $1.3M asking price.
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.

Property Details

Price:
$1,300,000
MLS #:
A11890155
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
RAILROAD SHOPS INTER SCHO
Neighborhood:
railroadshopsinterscho
Listed Date:
Oct 7, 2025
Finished Sq Ft:
1,600
Total Sq Ft:
1,716
Year Built:
1971
PoolRailroad Shops Inter SchoRailroadshopsinterschoRailroad Shops Inter Scho

Schools

Interior

Cooling
Central Air
Flooring
Terrazzo
Heating
Electric

Exterior

Construction Materials
CBS Construction
Exterior Features
Exterior Lights
Other Structures
Extra Building/Shed
Parking Spots
3
Roof
Other

Financial

Net Operating Income
$80,950
Tax Year
2024
Taxes
$12,367

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
256 NW 57th St
Miami, FL