256 NW 57th St, Miami FL 33127 | Miami-Dade County | A11906273

This is a renovated duplex located at 256 NW 57th St in Miami, offering a total of 1,600 square feet of living space. The property is zoned T3-O, which allows for potential redevelopment as a multifamily unit with 2 to 9 units. It features 3 updated units, modern finishes, impact windows, and 2 electric meters. The newly landscaped yard includes a pool area, adding to the property's appeal for both short- and long-term rental opportunities. In 2024, the property generated $150,134 in annual gross income, reflecting a strong performance in the short-term rental market. With a cap rate above 6%, it presents a compelling opportunity for investors focused on cash flow and appreciation. The units are well-suited for consistent bookings, and the property’s location in Miami’s Little Haiti corridor positions it to benefit from ongoing neighborhood revitalization. Situated near Wynwood, the Design District, and Midtown, this duplex is in a fast-transforming area with strong future potential. It’s a turn-key investment for those looking to capitalize on both current income and long-term value in a dynamic part of the city. For more information or to schedule a visit, call 305-859-4733.