256 NW 57th St, Miami, FL 33127

• 1,600 sqft

Property Description

Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplex combines strong STR income performance with long-term redevelopment potential as T3-O zoning. Potential multifamily 2–9 units. Featuring 3 beautifully updated units, modern finishes, impact windows, 2 electric meters, and a newly landscaped yard with pool area, this property has delivered an impressive $150,134 in 2024 annual gross income and a 6.87% CAP rate based on the current $1.187M asking price. Enjoy consistent bookings from short-term rentals while benefiting from revitalization and proximity to Wynwood, the Design District, and Midtown. An ideal turn-key asset for investors seeking cash flow + appreciation upside in one of Miami’s fastest-transforming neighborhoods.

Listing Status:

Active

Date Added:

November 3, 2025 at 06:00AM

Listing Office:

Compass Florida, LLC : 305-851-2820

Listing Agent:

Patricia Pappaterra : 786-972-8282

MLS ID:

A11906273

Interior

• Flooring: Terrazzo
• A/C: Central Air
• Heating: Electric

Exterior

• Pool: In Ground

Construction

• Roofing: Other
• General: Concrete Block ConstructionCBS Construction1

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 5700RAILROAD SHOPS INTER SCHOOL TR PB 3-192 LOT 8 BLK 2 LOT SIZE 50.000 X 142 OR 19259-1843 08 2000 401-31-13-048-0310

Utilities

• Water: Municipal Water
• Sewer: Public Sewer

Financial

• Source: Miami Association of REALTORS®

This listing courtesy of Patricia Pappaterra, Compass Florida, LLC