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.
Property Details
Price:
$770,000
MLS #:
A12053829
Status:
Active
Beds:
0
Baths:
0
Address:
323 NW 56th Ave
Type:
Multi Family
Subtype:
Triplex
Subdivision:
IDEAL HOMES SUB NO 7
Neighborhood:
idealhomessubno7
City:
Miami
Listed Date:
Jul 16, 2026
State:
FL
Finished Sq Ft:
1,345
Total Sq Ft:
1,702
ZIP:
33126
Year Built:
1955
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Schools
Interior
Cooling
Central Air, Electric, Other, Zoned
Flooring
Ceramic Floor, Tile
Heating
Central, Electric
Exterior
Architectural Style
Detached
Construction Materials
Concrete Block Construction
Exterior Features
Exterior Lights, Fruit Trees, Room For Pool
Other Structures
Extra Building/ Shed
Parking Spots
7
Roof
Shingle
Financial
Tax Year
2025
Taxes
$8,764
Map
Community
- Address323 NW 56th Ave Miami FL
- SubdivisionIDEAL HOMES SUB NO 7
- CityMiami
- CountyMiami-Dade County
- Zip Code33126
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323 NW 56th Ave
Miami, FL
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