Property Description

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.

Features
Swimming Pool
Heating System
Cooling System
Patio:
Porch, Open
Roof:
Shingle
Sewer
Address Map
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''
MLS Addon
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

1,345 Sqft
$800,000
MLS # #A12053829
Basic Details
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
Agent info
Contact Agent