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| Asking Price | $770,000 |
|---|---|
| Price per SqFt | $572 |
| Maintenance fee | Inquire |
| Property Taxes | $8,674 2025 |
| Interior Space | 1,345 SqFt |
| Beds/Baths | 4/3 |
| Year Built | 1955 |
| Garage | 0 spaces |
| Pool | No |
| Lot Size | 0.16 acres |
| MLS # | A12035229 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
INVESTORS & HOMEBUYERS! Pristine, fully updated single-family compound in Miami’s urban core—5 mins to MIA and near Coral Gables, Brickell, Coconut Grove, Wynwood, the cruise terminal and beaches. This property features a modern 3-bedroom, 1-bathroom primary residence plus flexible separate living quarters, offering a high-yield investment or a versatile multi-generational estate. Live in the primary home and keep family close, use the additional space as private guest suites, or utilize them for solid income potential. The roof is brand new (=lower property insurance), and everything else is like-new including A/C, plumbing, electric, hurricane impact windows and doors. The primary home features a bright open layout, a chef’s kitchen with cabinets to the ceiling, laundry room, and an upgraded bath with a fresh feel. The exterior boasts luxury travertine tile accents, a secure side gate for boat parking, a massive circular and another driveway with parking for up to 7 cars, and a separate 90 sq ft unfinished side storage room offering additional potential to expand your income or living space. For investors, this turnkey gem is a cash-flow goldmine with uncapped flexibility. On long-term leases, projected income is $6,200/mo, a true 6.57% CAP rate. For Airbnb use, it is projected to gross $90K–$120K+/yr with 10.47% CAP rate, heavily driven by its premium airport proximity. This pristine and centrally located compound offers unmatched value for investors and end users alike.
Listed by Keller Williams Capital Realty
Sales History for This Home · 321 NW 56th Avenue, Miami, FL 33126
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11373184 | $530,000 | 7/5/23 |

Listed by Keller Williams Capital Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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