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Property for sale
$800,000
Single Family Residence
321 NW 56th Av, Miami FL 33126
4
Beds
3
Baths
1,345 sqft
Living area
1955
Year built

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Description

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.

Built in 1955
Property Type: Residential

Property highlights

4 bedrooms
3 bathrooms
1,345 sqft of living area
6,760 sqft lot
Built in 1955
Less Than 1/4 Acre Lot
Lighting
Fruit Trees

Features & Amenities

Interior

First Floor Entry
Built-in Features
Closet Cabinetry
Other
Split Bedroom
Stacked Bedroom
Volume Ceilings
Attic

Appliances

Dishwasher
Dryer
Electric Range
Electric Water Heater
Microwave
Other Equipment/Appliances
Refrigerator
Washer

Exterior

Lighting
Fruit Trees
Room For Pool

Community

None
Public Road
Sidewalks
Street Lights

Parking

Circular Driveway
Driveway
$800,000 4 beds / 3 baths / 1,345 sqft

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