About 256 Nw 57th Street
Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplexcombines strong STR income performance with long-term redevelopment potential as T3-O zoning. Potentialmultifamily 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 2024 annual gross income and a great CAP Rate above 6%. 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-transformingneighborhoods.
Features of 256 Nw 57th Street
| MLS® # | A11906273 |
|---|---|
| Price | $1,150,000 |
| Square Footage | 1,600 |
| Year Built | 1971 |
| Type | Multi-Family |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 256 Nw 57th Street |
|---|---|
| Area | 2310 |
| Subdivision | RAILROAD SHOPS INTER SCHO |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33127 |
| HOPA | No Hopa |
Amenities
| Utilities | Cable Not Available |
|---|---|
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | In Ground |
Interior
| Heating | Electric, Separate Meters |
|---|---|
| Cooling | Central Air |
| # of Stories | 1 |
Exterior
| Roof | Other |
|---|---|
| Construction | Block, CBS |
School Information
| Middle | Jose De Diego |
|---|---|
| High | Miami Edison |
Additional Information
| Zoning | 5700 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass Florida LLC |
|---|