$1,300,000

256 NW 57th St, Miami, FL 33127

  • 1,600 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $813/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplex combines strong income performance with long-term redevelopment potential under T3-O zoning. Potential multifamily 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 annual gross income and a 6.23% CAP rate based on the current $1.3M asking price. 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-transforming neighborhoods.

Listing Status:
Active
Date Added:
October 7, 2025 at 05:00AM
Listing Office:
Brokers, LLC : 7869728282
Listing Agent:
Patricia Pappaterra : 786-972-8282
MLS ID:
A11890155
  • Flooring: Terrazzo
  • A/C: Central Air
  • Heating: Electric
  • General: Exterior LightsExtra Building/Shed
  • Pool: In GroundHeated
  • Roofing: Other
  • General: CBS Construction1
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 5700RAILROAD SHOPS INTER SCHOOL TR PB 3-192 LOT 8 BLK 2 LOT SIZE 50.000 X 142 OR 19259-1843 08 2000 401-31-13-048-0310
  • Fencing: Fenced
  • Water: Municipal Water
  • Sewer: Public Sewer
  • Source: Miami Association of REALTORS®

This listing courtesy of Patricia Pappaterra, Brokers, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Shadowlawn Elementary School

149 NW 49th St, Miami, FL, 33127

Grades PK-5

0.49 miles away

G

Georgia Jones-Ayers Middle School

1331 NW 46th St, Miami, FL, 33142

Grades 6-8

1.28 miles away

I

Itech@Thomas a Edison Educational Center

6101 NW 2nd Ave, Miami, FL, 33127

Grades 9-12

0.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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