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323 NW 56th Ave Miami, FL $ 770,000
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$ 770,000 Get more info
323 NW 56th Ave
$ 770,000
Back to search
Share Save

323 NW 56th Ave

Miami, FL, 33126
$ 770,000
Baths1.0 Sq 1,345

Monthly Estimate*

$ 4,862

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Studio

Multi-Family Home for sale in Miami, FL

for $770,000 with 1 full bath. This 1,345 square foot home was built in 1955.

INVESTORS; HOUSEHACKERS & HOMEBUYERS! Pristine, fully updated compound in Miami’s urban core—5 mins to MIA and near Coral Gables, Brickell, Coconut Grove, Wynwood, and beaches. This property features a modern 3-bedroom, 1-bathroom primary residence plus flexible separate living quarters, offering a high-yield investment or a versatile multi-generational estate. Live in the primary home and keep family close, use the additional space as private guest suites, or utilize them for solid income potential. The roof is brand new, and everything else is like-new including A/C, plumbing, electric, hurricane impact windows and doors. The primary home features a bright open layout, a chef’s kitchen with cabinets to the ceiling, laundry room, and an upgraded bath with a fresh feel. The exterior boasts luxury travertine tile accents, a secure side gate for boat parking, a massive circular and another driveway with parking for up to 7 cars, and a separate 90 sq ft unfinished side storage room offering additional potential to expand your income or living space. For investors, this turnkey gem is a cash-flow goldmine with uncapped flexibility. On long-term leases, it has a potential to generate a stable total cash flow of $7,500/mo, yielding a true 7.95% CAP rate. For Airbnb use, it is projected to gross $110K–$148K+/yr with 11.39% CAP rate, heavily driven by its premium airport proximity. This pristine and centrally located compound offers unmatched value for investors and end users alike.

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Multi-Family Active

Price

$ 770,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 8,764

Style

Year Built

1955

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12053829
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric Other Zoned
Utilities Cable Available
Possession Closing & Funding
Roof Shingle
Patio/Porch Features Open Porch
Pool Features None
Construction Materials Block
Year Built 1955
Stories Count 1
Levels One
Property Subtype Triplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name IDEAL HOMES SUB NO 7
Rent Includes Electricity Gardener Hot Water Sewer Trash Collection Water
Full Baths 1
Status Active
City Miami
Zoning Description 5700
Number Of Units Total 1
MLS Area 41
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA
Year Built Details Effective Year Built
Tax Annual Amount 8764
Property Condition Updated/Remodeled
Virtual Tour https://www.zillow.com/view-imx/8c0d3064-7de5-4e6e-aa8e-0aa09bde6d0e?setAttribution=mls&wl=true&initialViewType=pano
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Triplex
Legal Description IDEAL HOMES SUB NO 7 PB 61-13 LOT 7 BLK 1 LOT SIZE 65.000 X 104
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Interior
Flooring Ceramic Tile Laminate Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 0
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Fence Fruit Trees Lighting Porch Room For Pool Shed Security/High Impact Doors
Lot Features < 1/4 Acre
Water Source Public
Total Parking 7
Building Area Total 1702
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Keller Williams Capital Realty

Broker

Maggie@MegaLuxeHomes.com

Email

Affordability Calculator

$5,592
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,862
Monthly Property Taxes
$730
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/24/2026 $770,000 -3.75% Price Down
7/16/2026 $800,000 Listed Price

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323 NW 56th Ave, Miami, FL, 33126 is a Multi-Family Home for sale at $770,000 with 1,345 sqft. 323 NW 56th Ave is a studio with 1.0 baths and was built in 1955. The property's zip code is 33126 which is in Miami, FL

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