About 256 Nw 57th St
Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplex combines strong income performance with long-term redevelopment potential under T3-O zoning. Potential multifamily 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 annual gross income and a 6.23% CAP rate based on the current $1.3M asking price. 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-transforming neighborhoods.
Features of 256 Nw 57th St
| MLS® # | A11890155 |
|---|---|
| Price | $1,300,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,600 |
| Acres | 0.00 |
| Year Built | 1971 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 256 Nw 57th St |
|---|---|
| Area | 31 |
| Subdivision | RAILROAD SHOPS INTER SCHO |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33127-1616 |
| HOPA | No Hopa |
Amenities
| Utilities | Cable Not Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Terrazzo |
|---|---|
| Heating | Electric |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Fence, Security/High Impact Doors, Lighting, Shed |
|---|---|
| Roof | Other |
| Construction | Block |
Listing Details
| Office | Brokers, LLC |
|---|