Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplex
combines strong STR income performance with long-term redevelopment potential as 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 2024 annual gross income and a 6.87% CAP rate based on the current $1.187M 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.
combines strong STR income performance with long-term redevelopment potential as 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 2024 annual gross income and a 6.87% CAP rate based on the current $1.187M 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.
Property Details
Price:
$1,187,500
MLS #:
A11906273
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
RAILROAD SHOPS INTER SCHO
Neighborhood:
railroadshopsinterscho
Listed Date:
Nov 3, 2025
Finished Sq Ft:
1,600
Total Sq Ft:
1,716
Year Built:
1971
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Terrazzo
Heating
Electric
Exterior
Construction Materials
Concrete Block Construction, CBS Construction
Parking Spots
3
Roof
Other
Financial
Tax Year
2024
Taxes
$12,367
Map
Community
- Address256 NW 57th St Miami FL
- SubdivisionRAILROAD SHOPS INTER SCHO
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
Market Summary
Current real estate data for Multi Family in Miami as of Jan 17, 2026
469
Multi Family Listed
147
Avg DOM
479
Avg $ / SqFt
$1,209,403
Avg List Price
Property Summary
- Located in the RAILROAD SHOPS INTER SCHO subdivision, 256 NW 57th St Miami FL is a Multi Family for sale in Miami, FL, 33127. It is listed for $1,187,500
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