323 NW 56th Avenue, Miami, FL 33126

$800,000
1,345
SqFt

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List Price
$800,000
Days on Market
13
MLS#
A12053829
Sq. Ft
1,345
Subtype
Triplex
County
Miami-Dade
Subdivision
Ideal Homes Sub No 7
Year Built
1955

Property Description

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.

Additional Information

Construction
Block
Cooling
Central Air, Electric, Other, Zoned
Flooring
Ceramic Tile, Laminate, Tile
Heating
Central, Electric
Roof
Shingle
Taxes
$8,764
Utilities
Cable Available
Stories
1
Price Per Sqft
$594
Elementary School
Henry M. Flagler
Middle School
Kinloch Park
High School
South Miami

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Capital Realty. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Malgorzata Sadowska | Email: Maggie@MegaLuxeHomes.com