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256 Northwest 57th Street

Miami FL 33127

1716 sq. ft.
Duplex
Currently for sale - view listing

Overview

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

1716 sq. ft. floor area
Duplex

Property history for 256 Northwest 57th Street

2023
Sold
$925,000
08 Dec 2023 by Moe Mossa, of Savvy Avenue, LLC
2015
Sold
$102,000
07 Dec 2015 by Mercedes Guinot, of Berkshire Hathaway HomeServices Florida Realty

Happy sellers in Miami

94%
94% of sellers in Miami reported that their sale price either exceeded or met their price expectations.

Miami stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Miami over the last 12 months.

Local market activity for duplexes in Miami

In the last 12 months, 44 duplexes similar to 256 Northwest 57th Street, have been sold.

This represents a 8% increase in duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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