256 NW 57th St, Miami, FL 33127
- 1,600 sqft
Duplex
Built in 1971
—— sqft lot
—— car garage
$813/sqft
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
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Shadowlawn Elementary School
149 NW 49th St, Miami, FL, 33127
Grades PK-5
0.49 miles away
Georgia Jones-Ayers Middle School
1331 NW 46th St, Miami, FL, 33142
Grades 6-8
1.28 miles away
Itech@Thomas a Edison Educational Center
6101 NW 2nd Ave, Miami, FL, 33127
Grades 9-12
0.29 miles away