256 NW 57th Street, Miami, FL 33127

$1,150,000
1,600
SqFt

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List Price
$1,150,000
Days on Market
276
MLS#
A11906273
Sq. Ft
1,600
Subtype
Duplex
County
Miami-Dade
Subdivision
Railroad Shops Inter Scho
Year Built
1971

Property Description

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.

Additional Information

Construction
Block
Cooling
Central Air
Flooring
Terrazzo
Heating
Electric, Separate Meters
Roof
Other
Taxes
$12,367
Utilities
Cable Not Available
Private Pool
Yes
Stories
1
Price Per Sqft
$718
Middle School
Jose De Diego
High School
Miami Edison

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Listing courtesy of Compass Florida LLC. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Patricia Pappaterra | Email: patricia.pappaterra@gmail.com