256 NW 57th Street Miami FL 33127

Address
256 Nw 57th Street, Miami, FL
Price
$ 1,162,500
Property Attributes
  • MLS#A11906273
  • TypeSingle Family
  • Listing Status Active
  • CountyMiami-Dade
  • CityMiami
  • Area2310
  • NeighborhoodRAILROAD SHOPS INTER SCHO
  • Zip33127
  • Style
  • Year Built1971
  • Taxes$ 12367
  • Price$ 1,162,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1600
Data Source:
Beaches MLS (FL)
Property Description

Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplexcombines strong STR income performance with long-term redevelopment potential as T3-O zoning. Potentialmultifamily 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-transformingneighborhoods.

Middle School High School
Jose De Diego Middle School Miami Edison High School
Price History
6/9/2026 Listed $1,162,500

General Features

Sewer PublicSewer
Heating Electric,SeparateMeters
Cooling CentralAir
Utilities CableNotAvailable
Possession Negotiable
Roof Other
Pool Features InGround
Construction Materials Block
Year Built 1971
Property Subtype Duplex
Tax Year 2024
Gross Income 12510
County Miami-Dade
New Construction false
Property Type ResidentialIncome
Subdivision Name RAILROAD SHOPS INTER SCHO
Status Active
High School Miami Edison
City Miami
Number Of Units Total 3
MLS Area 2310
Tax Annual Amount 12367
Middle/Junior High School Jose De Diego
Property Condition Resale,UpdatedRemodeled
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11906273
Standard Status Active
Property Sub Type Additional Duplex
PostalCity Miami
Legal Description RAILROAD SHOPS INTER SCHOOL TR PB 3-192 LOT 8 BLK 2 LOT SIZE 50.000 X 142 OR 19259-1843 08 2000 4

Interior Features

Flooring Terrazzo
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Water Source Public
Total Parking 3
Building Area Total 1716
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33127

Price
AVG $900K
$1.16M
Taxes
AVG $8,728
$12,367
Year Built
AVG 1967
1971

Areas We Cover