Price Reduced 2.11%

$1,162,500 ($726.56 per sqft)

Est. Mortgage $5,726/mo *

Quick Pre-Approval

Price History

$1,187,500
11/3/2025

$1,162,500
2/26/2026


256 NW 57th St, Miami, FL, 33127

256 NW 57th St, Miami, FL, 33127

1971

1,600 sqft

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.


Status:

Active

Type:

Multi-family

Zoning:

5700

Subdivision:

RAILROAD SHOPS INTER SCHO

Heating:

Electric

Cooling:

Central Air

Parking:

3-car

Est. Taxes:

$12,367

Construction

Block

Utilities

Cable Not Available

Lot Description:

< 1/4 Acre

Days on Market:

189

Pool:

In Ground, Pool

MLS #:

A11906273


Community Info

School Info

Walk Score

Yelp



Listing courtesy of COMPASS FLORIDA LLC 305-851-2820