Triplex
323 NW 56th Ave
323 NW 56th Ave, Miami FL 33126 Get directions
$770,000
1,345 SqFt
See estimated monthly costThis listing is courtesy of Keller Williams Capital Realty. Malgorzata Sadowska
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 1,345
Building & exterior
- Year built
- 1955
- Exterior Lights
- Fruit Trees
- Room For Pool
Taxes
- Annual tax
- $8,764
- Tax year
- 2025
- Parcel number
- 01-41-06-066-0070
Listing
- MLS number
- A12053829
- Property type
- Triplex
- Price per SqFt
- $572
- Subdivision
- IDEAL HOMES SUB NO 7
- On market since
- Jul 16, 2026
- Days on market
- 79
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 16, 2026 | Listed | $800,000 | — |
| Aug 24, 2026 | Price change | $770,000 | −$30,000 (−3.8%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$5,201 per month
- Principal & interest (30 yr)
- $3,894
- Property tax
- $730
- Insurance (estimated)
- $578
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Henry M. Flagler Elementary
- The Bright Days Preschool
- Discovery Years Child Care Center
- La Petite Academy of Miami - NW 7th St
- US International Christian Academy
- Fairlawn Elementary
- Yin Yang Academy
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