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323 56th Ave, Miami, FL
Offering:
For Sale
Location:
Miami, FL 33126
Subdivision:
IDEAL HOMES SUB NO 7
Status:
Active
$770,000
Deemed reliable but not guaranteed.
Details
Year built:
1955
Levels:
One
Stories:
1
Parking:
7 spaces
Condition:
Updated Remodeled
Days on market:
99
Annual tax (2025):
$8,764
Type:
Triplex
MLS ID
A12053829
Virtual tour:
Listed by:
Keller Williams Capital Realty (KWCG01)
Listing office phone:
305-662-7325
Listing office email:
Listing agent:
Malgorzata Sadowska (3313909)
Features
Utilities
Available:
Cable Available
Water source:
Public
Sewer:
Public Sewer
Description
INVESTORS-rented to excellent tenants! 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.
Price history
$800,000 → $770,000
·
Reduced by
$30,000 (3.8%) · 2 price changes
Open houses
Aug 1, 2026
1:00 PM – 3:00 PM
Location
323 NW 56th AveMiami, FL 33126
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MLS information
Last updated Oct 24, 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.
