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0 Beds
0 Baths
1,600 sqft

$1,150,000

256 NW 57th St, Miami FL, 33127

Price per sqft$718.75
Built in1971
Property size1,600 sqft
Property typeResidential

Overview

Active

Updated 5 days ago

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. Lower your interest rate! Seller and preferred lender buy-down concessions are available for qualified buyers.

$7,651/mo

Est. mortgage payment based on a $1,150,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$12,367
Tax Frequency
Annually

Courtesy of Compass Florida LLC with ,
Listing Contact:  

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