321 NW 56th Avenue, Miami, FL, 33126
3 rooms
4 beds
3 Full baths
1955
1,345 sqft
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.
Status:
Coming Soon
Type:
Single-family residential
Furnished Remarks:
Unfurnished
Zoning:
5700
Subdivision:
IDEAL HOMES SUB NO 7
Development:
IDEAL HOMES SUB NO 7
Heating:
Central, Electric
Cooling:
Central Air, Electric, Other, Zoned
Levels:
1
Parking:
Circular Driveway, Driveway
Lot Size:
6760
Acreage:
0.16
Est. Taxes:
$8,674
Construction
Block
Utilities
Cable Available
Lot Description:
Fruit Tree(s), Room for Pool
View Description:
Garden
Amenities:
None, Sidewalks, Street Lights
Elementary School:
Henry M. Flagler
Middle School:
Kinloch Park
High School:
South Miami
Pet Policy:
Yes
Appliances:
Electric Water Heater, Dryer, Dishwasher, Electric Range, Microwave, Other, Refrigerator, Washer
MLS #:
A12035229
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Keller Williams Capital Realty 305-662-7325