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256 NW 57th Street, Miami, FL 33127

$1,150,000
Property Type: Residential Income Square Footage: 1,716 Status: Active
Current Price: $1,150,000 List Date: 11/03/2025 Last Modified: 7/16/2026

Overview

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.

Listing Details MLS# A11906273

General Property Information

Number Of Units Total
3
Property Sub Type
Duplex
Building Area Main
1716
Living Area Main
1600
Adjusted Area Main
1629
Year Built
1971
Parking Total
3
Stories Total
Yes
Pool Private YN
Yes

Property Features

Documents Available: Other Available Information Flooring: Terrazzo Property Condition: Resale; Updated/Remodeled Structure Type: Duplex Construction Materials: Block; CBS Cooling: Central Air Heating: Electric; Separate Meters Listing Terms: Cash; Conventional; FHA-VA Approved Pool Features: In Ground Possession: Negotiable Roof: Other Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Not Available Water Source: Public Showing Requirements: Appointment Only; Showing Service Unit 1 Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer; Other Unit 1 Other Equipment: Air Conditioning Unit; Window Coverings Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Appliances: Dishwasher; Dryer; Refrigerator; Washer; Other Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 3 Appliances: Dryer Unit 3 Parking Features: Open Parking

Contract Information

Comp Sale YN
No
Original List Price
1187500

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
256
Street Direction Prefix
NW
Street Name
57th
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33127
Postal Code +4
1616
Postal Zip
33127
Subdivision Name
RAILROAD SHOPS INTER SCHO
Area
2310
Middle Or Junior School
Jose De Diego
High School
Miami Edison
Parcel Number
0131130480310
Subdivision Number
48
Zoning
5700
Flood Zone
X

Financial Information

Tax Annual Amount
12367
Tax Year
2024
Tax 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

Status Change Information

Major Change Timestamp
2026-06-11T00:08:37Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-06-11T00:08:37Z
Status Change Date
2025-11-03

More Information

Meter Information

Separate Electric Meters YN
Yes

Income and Expenses

Gross Income
12510

Unit 1 Details

Actual Rent
4132
Baths Full
Yes
Efficiency YN
No
Furnished
Furnished

Unit 1 Lease Description

Occupant Type
Vacant

Unit 2 Details

Actual Rent
4189
Baths Full
Yes
Efficiency YN
No
Furnished
Furnished

Unit 2 Lease Description

Occupant Type
Vacant

Unit 3 Details

Actual Rent
4189
Baths Full
Yes
Efficiency YN
No
Furnished
Furnished

Unit 3 Lease Description

Occupant Type
Vacant

Price Calculations

Current Price To SqFt
718.75

Section Details

Parcel Number MLX
0310

Originating Details

Originating System Key
422605512
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Terrazzo
Yes

Property Condition

Resale
Yes
Updated/Remodeled
Yes

Documents Available

Other Available Information
Yes

Structure Type

Duplex
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Not Available
Yes

Heating

Electric
Yes
Separate Meters
Yes

Construction Materials

Block
Yes
CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA-VA Approved
Yes

Pool Features

In Ground
Yes

Roof

Other
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes

Showing Requirements

Appointment Only
Yes
Showing Service
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Unit 1 Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Other
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes
Window Coverings
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Dishwasher
Yes
Dryer
Yes
Refrigerator
Yes
Washer
Yes
Other
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 3 Appliances

Dryer
Yes

Unit 3 Parking Features

Open Parking
Yes

Documents

IDX
Listing Office: Compass Florida LLC
Last Updated: July - 16 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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