INVESTORS; HOUSEHACKERS & HOMEBUYERS! Pristine, fully updated compound in Miami’s urban core—5 mins to MIA and near Coral Gables, Brickell, Coconut Grove, Wynwood, 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, 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, it has a potential to generate a stable total cash flow of $7,500/mo, yielding a true 7.95% CAP rate. For Airbnb use, it is projected to gross $110K–$148K+/yr with 11.39% CAP rate, heavily driven by its premium airport proximity. This pristine and centrally located compound offers unmatched value for investors and end users alike.
- Swimming Pool
- Heating System
- Cooling System
- Patio:
- Porch, Open
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33126
- Street:
- 323 Nw 56th Ave, Miami, Florida 33126
- Longitude:
- W81° 42' 48.3''
- Latitude:
- N25° 46' 29.1''
- Building Area:
- 1,702 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 37
- DOM:
- 37
- Exterior Features
- Flooring:
- Tile, Ceramic Tile, Laminate
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 01-41-06-066-0070
- Subdivision Name:
- IDEAL HOMES SUB NO 7
- Tax Annual Amount:
- $8,764
- Utilities
- Virtual Tour:
- Click Here
- Window Features:
- Impact Glass
Residential Income For Sale
323 Nw 56th Ave, Miami, Florida 33126, Miami, Florida 33126
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $800,000
- Square Footage :
- 1,345 Sqft
- Year Built :
- 1955
- MLS # :
- A12053829
- Property Sub Type :
- Triplex
