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Residential Income
$770,000
$800,000
4%
323 NW 56th Ave Miami, FL

A12053829

16 of 745 for Sale
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an agent
  • Listed On:

    Jul 16, 2026
  • Days on Market:

    41
  • Year:

    1955
  • Taxes:

    $8,764 per year
  • Floor Description:

    Ceramic Floor, Tile
  • Occupancy:

  • Zoning:

  • Parking:

323 NW 56th Ave Miami, FL 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.

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For Sale Details

  • Floor Description

    Ceramic Floor, Tile

  • Heating Description

    Central, Electric

  • Photo Count

    40

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional, FHA

  • Year Built

    1955

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