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Live BeachesMLS listing · MLS# 20251103160033143699000000

256 NW 57th Street, Miami, FL 33127

Miami, FL, 33127

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$1,150,000

256 NW 57th Street, Miami, FL 33127

BeachesMLS

0 ba · 1,600 sqft · Built 1971

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.

Courtesy of Compass Florida LLC · Patricia Pappaterra

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Property characteristics

Type
Duplex
Year built
1971
Living area
1,600 sqft
Pool
Private
Days on market
285
Subdivision
RAILROAD SHOPS INTER SCHO