Active

256 NW 57th Street

Miami, FL 33127
Mark as Favorite
Bed 3

Bed

Bath 3

Bath

SqFt1,600

Sqft

Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplexcombines strong STR income performance with long-term redevelopment potential as T3-O zoning. Potentialmultifamily 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-transformingneighborhoods.

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,150,000

AD Id : 68361826

MLS Id : A11906273

Beds : 3

Living Area Size : 1,600

Year Built : 1971

County : Miami-Dade

Subdivision: Railroad Shops

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    Roof: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, SeparateMeters Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1971
    Building Area Total: 1716
    Construction Materials: Block
    Pool Features: InGround
    Private Pool: Yes

  • Listing Price Information

    Listing Price: $1150000
    Original Price: $1187500
    Cash, Conventional, FHA, VaLoan

  • Tax Information

    Parcel Number: 0131130480310 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

  • Parking Information

    Parking Total: 3

  • School Information

    Elementary School: Junior High School: Jose De Diego Senior High School: Miami Edison
  • Utility Information

    CableNotAvailable
  • Location Information

    WaterSource: Public
Sell a home like this and save $68,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1074 NW 27th St, Miami, FL, 33127 $796,300 -- -- 2,057 2,057 SqFt
584 NW 30th St, Miami, FL, 33127 $1,590,000 2 1 2,816 2,816 SqFt
305 NW 58th St, Miami, FL, 33127 $899,000 6 6 2,000 2,000 SqFt
5151 N Miami Ave, Miami, FL, 33127 $980,000 4 3 1,645 1,645 SqFt
223 NW 51st St, Miami, FL, 33127 $1,190,000 3 3 1,723 1,723 SqFt
1075 NW 30th St, Miami, FL, 33127 $1,170,000 8 4 2,904 2,904 SqFt
247 NW 54th St, Miami, FL, 33127 $1,350,000 7 5 2,156 2,156 SqFt
145 NW 31st St, Miami, FL, 33127 $1,475,000 5 4 2,018 2,018 SqFt
760-762 NW 52nd St, Miami, FL, 33127 $689,000 5 2 1,513 1,513 SqFt
5501 NW Miami Ct, Miami, FL, 33127 $1,100,000 4 4 2,890 2,890 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/02/2026 @ 01:55

MLS: A11906273 LISTED BY: Patricia Pappaterra, Compass Florida LLC 561-285-4283 SOURCE: Beaches MLS

Homes around $1,150,000

Selling? Save $68,501 when you sell a home like this

Tour with a ByOwner Agent