256 NW 57th St
Miami, FL 33127
4
Bed
3
Bath
1,600Sqft
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.
Property Details
Map
Map
Features
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Interior Features
Roof: Other -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1971Building Area Total: 1716Construction Materials: BlockStories: 1Pool Features: InGround, PoolPrivate Pool: No
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Lot Information
Lot Description: LessThanQuarterAcreProperty Information
Subdivision: RAILROAD SHOPS INTER SCHO Source Property Type: ResidentialIncome Postal Code Plus 4: 1616 Zoning Description: 5700 Property SubType: Duplex Levels: One Property Age: 55
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Listing Price Information
Listing Price: $1162500Original Price: $1187500Cash, Conventional, FHA, VaLoan
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Tax Information
Parcel Number: 01-31-13-048-0310 Tax Year: 2024 Annual Tax: $12367 Tax Legal Desc: RAILROAD SHOPS INTER SCHOOL TR PB 3-192 LOT 8 BLK 2 LOT SIZE 50.000 X 142 OR 19259-1843 08 2000 4
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Parking Information
Parking Total: 3
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Utility Information
CableNotAvailable -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 244 NW 32nd St, Miami, FL, 33127 | $1,175,000 | 7 | 3 | 1,800 | 1,800 SqFt |
| 147 NW 61st St, Miami, FL, 33127 | $2,190,000 | 16 | 10 | 5,369 | 5,369 SqFt |
| 5130 - 5140 NW 5th Avenue, Miami, FL, 33127 | $3,375,000 | 12 | 12 | 5,800 | 5,800 SqFt |
| 5140 NW 5th Ave, Miami, FL, 33127 | $1,725,000 | 6 | 6 | 2,700 | 2,700 SqFt |
| 118 NW 24th St, Miami, FL, 33127 | $3,475,000 | -- | 1 | 2,983 | 2,983 SqFt |
| 67 NW 34th St, Miami, FL, 33127 | $1,250,000 | 5 | 3 | 1,920 | 1,920 SqFt |
| 270 NW 35th St, Miami, FL, 33127 | $950,000 | 2 | 2 | 900 | 900 SqFt |
| 145 NW 32nd St, Miami, FL, 33127 | $890,000 | 4 | 3 | 1,788 | 1,788 SqFt |
| 190 NW 57th St, Miami, FL, 33127 | $1,400,000 | 6 | 4 | 2,280 | 2,280 SqFt |
| 70 NW 33rd St, Miami, FL, 33127 | $1,600,000 | 3 | 2 | 1,176 | 1,176 SqFt |
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ByOwner last updated this listing 06/07/2026 @ 18:51
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