Active Under Contract

115 NW 56th Ave

Miami, FL 33126

$650,000 $2,740/Mo

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Overview

Bed

Bath

1,629

Sqft

Description

Excellent investment opportunity in central Miami. Income-producing duplex at 115 NW 56th Ave, Miami, FL 33126 in a high-demand rental area. Currently generates approx. $5,500/month, delivering immediate cash flow for investors. Minutes to Miami International Airport, Downtown Miami, and Coral Gables, with quick access to SR-836, I-95, and the Palmetto Expressway. Close to shopping, dining, schools, hospitals, employment hubs, and public transportation—strong tenant appeal and rental stability. Duplex layout offers multiple income streams, reduced vacancy risk, and flexible long-term rental strategy. Ideal buy-and-hold asset with income plus appreciation potential in a market with limited inventory.

Property Details

Property Type : ResidentialIncome

Price : $650,000

AD Id : 70928236

MLS Id : A11930134

Beds : 4

Living Area Size : 1,629

Year Built : 1947

County : Miami-Dade

Subdivision: Westgate

Map

What's Nearby

Nearby Areas

Features

Interior Features

Roof: Shingle

Window Features: ImpactGlass
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir, WallWindowUnits

Building Information

Year Built: 1947

Building Area Total: 1817

Construction Materials: Block

Stories: 1

Pool Features: None

Private Pool: No

Lot Information

Lot Description: LessThanQuarterAcre

Property Information

Subdivision: WESTGATE Source Property Type: ResidentialIncome Postal Code Plus 4: 4919 Zoning Description: 5700 Property SubType: Duplex Levels: One Property Age: 79

Listing Price Information

Listing Price: $650000

Original Price: $860000

Cash, Conventional, FHA, VaLoan

Tax Information

Parcel Number: 01-41-06-015-0570 Tax Year: 2024 Annual Tax: $10219 Tax Legal Desc: 6 54 41 WESTGATE PB 13-3 LOT 4 BLK 3 LOT SIZE 57.000 X 106 OR 15244-1974 1091 1 COC 26362-4629 05 2008 1

Parking Information

Parking Total: 10

Utility Information

CableAvailable
Location Information

Direction: From Miami International Airport: Take FL-836 W, exit at NW 57th Ave and turn right. Continue south, turn right on NW 7th St, then turn left on NW 56th Ave. Property will be on the right.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
251 NW 57th Ave, Miami, FL, 33126	$2,200,000	8	6	3,768	3,768 SqFt
450 NW 40th Ct, Miami, FL, 33126	$760,000	6	4	1,996	1,996 SqFt
4326 NW 4th St, Miami, FL, 33126	$849,900	6	3	1,959	1,959 SqFt
7100 NW 1st Ter, Miami, FL, 33126	$899,999	8	4	3,531	3,531 SqFt
7230 NW 3rd St, Miami, FL, 33126	$785,000	--	--	2,226	2,226 SqFt
7546 NW 2nd Ter, Miami, FL, 33126	$775,000	--	--	2,085	2,085 SqFt
250 NW 63rd Ct, Miami, FL, 33126	$1,275,000	8	5	3,338	3,338 SqFt
410 NW 47th Ave, Miami, FL, 33126	$2,650,000	12	8	6,052	6,052 SqFt

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ByOwner last updated this listing 06/07/2026 @ 20:53

MLS: A11930134 LISTED BY: Marina Gutierrez-Alea, Avanti Way Realty LLC 305-229-1146 SOURCE: SEFMIAMI