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Active Single Family Residence
$800,000
321 NW 56th Av, Miami FL 33126, Miami, FL 33126
4 Beds
Bedrooms
3 Baths
Bathrooms
1,345 sqft
Living Area
1955
Year Built

About This Property

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

Property Type Single Family Residence
Days on Market 6 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community IDEAL HOMES SUB NO 7
Pets Allowed

Assigned Schools

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School Grades Address Report Card
Flagler, Henry M. Elementary
Elementary 305-443-2529
PK-5
5222 NW 1 St., Miami, FL 33126
Kinloch Park Middle
Middle 305-445-5467
6-8
4340 NW 3 St., Miami, FL 33126
South Miami Senior High
High School 305-666-5871
9-12
6856 SW 53 St., Miami, FL 33155

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
Broker Associate

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