Overview
- Triplex, Residential Income
- 1702
- 1955
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.
Address
Open on Google Maps- Address 323 NW 56th Avenue
- City Miami
- State/county FL
- Zip/Postal Code 33126
- Area Miami-Dade
Details
Updated on August 29, 2026 at 9:18 pm- Property ID: HZA12053829
- Price: $770,000
- Property Size: 1702 Sqft
- Garage Size: x x
- Year Built: 1955
- Property Type: Triplex, Residential Income
- Property Status: Active, For Sale
Additional details
- Listing Terms: Cash, Conventional, FHA
- Roof: Shingle
- Utilities: Cable Available
- Sewer: Public Sewer
- Cooling: Central Air, Electric, Other, Zoned
- Heating: Central, Electric
- Flooring: Ceramic Tile, Laminate, Tile
- County: Miami-Dade
- Property Type: Residential Income
- Elementary School: Henry M. Flagler
- Middle School: Kinloch Park
- High School: South Miami
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