256 NW 57th Street, Miami, FL 33127
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Active

$1,150,000

256 NW 57th Street, Miami, FL 33127

Beds
0 Baths
1,600 Sq Ft
1971 Year Built

Property Description

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.

Property Details

MLS Number
A11906273
Property Type
Duplex
City
Miami
County
Miami-Dade
Subdivision
RAILROAD SHOPS INTER SCHO
Garage
spaces