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256 57th St, Miami, FL
Offering:
For Sale
Location:
Miami, FL 33127
Subdivision:
RAILROAD SHOPS INTER SCHO
Status:
Active
$1,150,000
Deemed reliable but not guaranteed.
Details
Year built:
1971
Levels:
One
Stories:
1
Parking:
3 spaces
Days on market:
334
Cumulative days on market:
349
Annual tax (2024):
$12,367
Type:
Duplex
MLS ID
A11906273
Virtual tour:
Listed by:
Compass Florida LLC (COMP12)
Listing office phone:
561-285-4283
Listing office email:
Listing agent:
Patricia Pappaterra (3322504)
Features
Utilities
Available:
Cable Not Available
Water source:
Public
Sewer:
Public Sewer
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 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-transforming
neighborhoods. Lower your interest rate! Seller and preferred lender buy-down concessions are available for qualified buyers.
Price history
$1,187,500 → $1,150,000
·
Reduced by
$37,500 (3.2%) · 3 price changes
Location
256 NW 57th StMiami, FL 33127
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MLS information
Last updated Oct 3, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
