FL > Miami > Railroad Shops Inter Scho
Miami, FL 33127,256 NW 57th St
Miami, FL 33127,256 NW 57th St
Miami, FL 33127,256 NW 57th St
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$1,187,500
Est. payment /mo
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1,600 SqFt
Active

256 NW 57th St Miami, FL 33127

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $742

Subdivision Railroad Shops Inter Scho

MLS Listing ID A11906273

HOA Y/N No

Year Built 1971

Annual Tax Amount $12,367

Tax Year 2024

Property Sub-Type Duplex

Property Description

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.

Location

State FL

County Miami-dade

Community Railroad Shops Inter Scho

Area 31

Interior

Heating Electric

Cooling Central Air

Flooring Terrazzo

Exterior

Pool In Ground, Pool

Utilities Available Cable Not Available

Roof Type Other

Total Parking Spaces 3

Private Pool Yes

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-13-048-0310

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11906273

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Compass Florida, LLC

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Anthony Guerriero

Anthony Guerriero

Broker

+1(646) 376-8752

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256 NW 57th St

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