REQUEST A TOUR

Sofia Nina

sofia.nina@engelvoelkers.com +1(754) 277-0580

Est. payment -/mo

Save Virtual Tour

New

323 NW 56th AVE Miami, FL 33126

1,345 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,345 sqft

Subdivision Ideal Homes Sub No 7

MLS Listing ID A12053829

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1955

Annual Tax Amount $8,764

Tax Year 2025

Property Sub-Type Triplex

Property Description

INVESTORS; HOUSEHACKERS & HOMEBUYERS! 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.

Location

State FL

County Miami-dade

Area 2410

Rooms

Other Rooms Outbuilding

Interior

Heating Central, Electric

Cooling Central Air, Electric, Other, Zoned

Flooring Ceramic Tile, Laminate, Tile

Fireplace No

Exterior

Exterior Feature Lighting, Outdoor Living Area, Room For Pool

Fence Fenced

Utilities Available Cable Available

Water Access Desc Public

Roof Type Shingle

Porch Porch

Total Parking Spaces 7

Private Pool No

Building

Lot Description Fruit Trees

Story 1

Sewer Public Sewer

Water Public

Additional Building Outbuilding

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Henry M. Flagler

Middle Schools Kinloch Park

High Schools South Miami

Others

Pets Allowed No

Tax ID 0141060660070

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.zillow.com/view-imx/8c0d3064-7de5-4e6e-aa8e-0aa09bde6d0e?setAttribution=mls&wl=true&initialViewType=pano

Listed by Malgorzata Sadowska Keller Williams Capital Realty

NEARBY SCHOOLS & PROPERTIES

Sofia Nina

Advisor | License ID: 3524728

+1(754) 277-0580

Sofia Nina

323 NW 56th AVE Miami, FL 33126

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Go tour this home

323 NW 56th AVE

Free Account Required