321 NW 56th Avenue, Miami, FL 33126
- $800,000
- 4
- BD
- 3
- BA
- 1,345
- SqFt
- List Price
- $800,000
- Days on Market
- 30
- MLS#
- A12035229
- Bedrooms
- 4
- Full Bathrooms
- 3
- Sq. Ft
- 1,345
- Subtype
- Single Family Residence
- County
- Miami-Dade
- Subdivision
- Ideal Homes Sub No 7
- Year Built
- 1955
Property 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.
Additional Information
- Pets Allowed
- Yes
- Construction
- Block
- Cooling
- Central Air, Electric, Other, Zoned
- Equipment
- Other
- Flooring
- Ceramic Tile, Laminate, Tile
- Furnished
- Unfurnished
- Heating
- Central, Electric
- Restrict
- NoRestrictions
- Roof
- Shingle
- Taxes
- $8,674
- Utilities
- Cable Available
- View
- Garden
- Amenities
- None, Sidewalks, Street Lights
- Stories
- 1
- Acres
- 0.16
- Price Per Sqft
- $594
- Elementary School
- Henry M. Flagler
- Middle School
- Kinloch Park
- High School
- South Miami
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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