INVESTORS & HOMEBUYERS! Pristine, fully updated single-family compound in Miami’s urban core—5 mins to MIA and near Coral Gables, Brickell, Coconut Grove, Wynwood, the cruise terminal 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 (=lower property insurance), 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, projected income is $6,200/mo, a true 6.57% CAP rate. For Airbnb use, it is projected to gross $90K–$120K+/yr with 10.47% CAP rate, heavily driven by its premium airport proximity. This pristine and centrally located compound offers unmatched value for investors and end users alike.
Property Details
Price:
$770,000
MLS #:
A12035229
Status:
Active
Beds:
4
Baths:
3
Address:
321 NW 56th Av
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
IDEAL HOMES SUB NO 7
Neighborhood:
idealhomessubno7
City:
Miami
Listed Date:
Jul 2, 2026
State:
FL
Finished Sq Ft:
1,345
Total Sq Ft:
1,702
ZIP:
33126
Year Built:
1955
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Schools
Elementary School:
Flagler; Henry M.
Middle School:
Kinlock Park
High School:
South Miami
Interior
Appliances
Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Other Equipment/ Appliances, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air, Electric, Other, Zoned
Flooring
Ceramic Floor, Tile
Heating
Central, Electric
Laundry Features
Utility Room/ Laundry
Exterior
Architectural Style
Detached, One Story
Community Features
None, Public Road, Sidewalks, Street Lights
Construction Materials
Concrete Block Construction
Exterior Features
Lighting, Fruit Trees, Room For Pool
Other Structures
Extra Building/ Shed, Shed(s)
Parking Features
Circular Driveway, Driveway
Roof
Shingle
Financial
Tax Year
2025
Taxes
$8,674
Map
Community
- Address321 NW 56th Av Miami FL
- SubdivisionIDEAL HOMES SUB NO 7
- CityMiami
- CountyMiami-Dade County
- Zip Code33126
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321 NW 56th Av
Miami, FL
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