Active MLS listing · MLS #A11906273

256 NW 57th Street

Miami, FL, 33127

$1,150,000
-Beds
0Baths
1600SqFt
Property type
Duplex
Subdivision
RAILROAD SHOPS INTER SCHO
Year 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.

Listing Courtesy of: Compass Florida LLC
brokerfl@compass.com
BeachesMLS

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