Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths
1,345 sqft

$770,000

323 NW 56th Avenue, Miami FL, 33126

Price per sqft$572.49
Built in1955
Property size1,345 sqft
Property typeMulti-family

Overview

Active

Listed Jul 16, 2026

Updated 11h ago

INVESTORS-rented to excellent tenants! 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.

$5,123/mo

Est. mortgage payment based on a $770,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$8,764
Tax Frequency
Annually

Listed with Keller Williams Capital Realty

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2026 Association of Palm Beaches. All rights reserved. 

Data last updated 4:58 AM UTC, 10/8/2026

 

Powered by Luxury Presence