About This Home
This 3-bedroom, 0-bathroom multi-family at 323 NW 56th Ave in Miami, FL is listed for $770,000 ($572 per sqft). Built in 1955, the home offers 1,345 sqft of living space on a N/A lot.
Key Features
- Built in 1955
- 7 parking spaces
Property Details
Amenities
INVESTORS; HOUSEHACKERS & HOMEBUYERS! Pristine, fully updated compound in Miami's urban core-5 mins to MIA and near Coral Gables, Brickell, Coconut Grove, Wynwood, 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, 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, it has a potential to generate a stable total cash flow of $7,500/mo, yielding a true 7.95% CAP rate. For Airbnb use, it is projected to gross $110K-$148K+/yr with 11.39% CAP rate, heavily driven by its premium airport proximity. This pristine and centrally located compound offers unmatched value for investors and end users alike.
Monthly Cost Estimate
$4,118/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
323 NW 56th Ave
Miami, FL 33126
IDEAL HOMES SUB NO 7
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Heating
Cooling
Questions & Answers
This 3-bedroom, 0-bathroom multi-family at 323 NW 56th Ave is listed at $770,000 ($572/sqft). The estimated monthly payment is $4,119 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1955, 7 parking spaces. Exterior Features: Fence, Fruit Trees, Lighting.
This property is listed by Malgorzata Sadowska and can be reached at 3052042462.
Malgorzata Sadowska
License 3313909Agent at 1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty
(305) 204-2462

