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256 NW 57th St Miami, FL $ 1,187,500
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$ 1,187,500 Get more info
256 NW 57th St
$ 1,187,500
Back to search
Share Save

256 NW 57th St

Miami, FL, 33127
$ 1,187,500
Bedrooms1 Baths1.0 Sq 1,600

Monthly Estimate*

$ 7,408

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Multi-Family Home for sale in Miami, FL

for $1,187,500 with 1 bedroom and 1 full bath. This 1,600 square foot home was built in 1971.

Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplex combines strong STR income performance with long-term redevelopment potential as 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 2024 annual gross income and a 6.87% CAP rate based on the current $1.187M 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.

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Multi-Family Active

Price

$ 1,187,500

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 12,367

Style

Year Built

1971

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11906273
Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Cable Not Available
Possession Closing & Funding
Roof Other
Pool Features In Ground Pool
Construction Materials Block
Year Built 1971
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2024
County Miami-Dade
Property Type Residential Income
Subdivision Name RAILROAD SHOPS INTER SCHO
Rent Includes Electricity Other Pest Control Pool Sewer Trash Collection Water
Full Baths 1
Status Active
City Miami
Zoning Description 5700
Number Of Units Total 1
MLS Area 31
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA VA Loan
Year Built Details Resale
Tax Annual Amount 12367
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11906273
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Duplex
Legal Description RAILROAD SHOPS INTER SCHOOL TR PB 3-192 LOT 8 BLK 2 LOT SIZE 50.000 X 142 OR 19259-1843 08 2000 4
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Interior
Flooring Terrazzo
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 1
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Water Source Public
Total Parking 3
Building Area Total 1716
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Compass Florida, Llc

Broker

patricia.pappaterra@gmail.com

Email

Affordability Calculator

$8,439
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,408
Monthly Property Taxes
$1,031
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
11/5/2025 $1,187,500 Listed Price

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256 NW 57th St, Miami, FL, 33127 is a Multi-Family Home for sale at $1,187,500 with 1,600 sqft. 256 NW 57th St has 1 bedrooms, 1.0 baths, and was built in 1971. The property's zip code is 33127 which is in Miami, FL

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