323 NW 56th Ave Miami FL 33126 MLS #A12053829
323 NW 56th Ave
Miami, FL, 33126
$800,000
Beds
0 Baths
1,345 SqFt
0 Acres
$800,000
323 NW 56th Ave
Miami, FL, 33126
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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.

Property Details

Price:
$800,000
MLS #:
A12053829
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Subdivision:
IDEAL HOMES SUB NO 7
Neighborhood:
idealhomessubno7
Listed Date:
Jul 16, 2026
Finished Sq Ft:
1,345
Total Sq Ft:
1,702
Year Built:
1955
DetachedIdeal Homes Sub No 7Idealhomessubno7Ideal Homes Sub No 7

Schools

Interior

Cooling
Central Air, Electric, Other, Zoned
Flooring
Ceramic Floor, Tile
Heating
Central, Electric

Exterior

Architectural Style
Detached
Construction Materials
Concrete Block Construction
Exterior Features
Exterior Lights, Fruit Trees, Room For Pool
Fencing
Fenced
Lot Features
Less Than 1/4 Acre Lot
Other Structures
Extra Building/Shed
Parking Spots
7
Parking Total
7
Patio And Porch Features
Open Porch
Roof
Shingle
Stories
1
Window Features
Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass

Financial

Tax Year
2025
Taxes
$8,764
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Current real estate data for Multi Family in Miami as of Jul 17, 2026
484
Multi Family Listed
151
Avg DOM
475
Avg $ / SqFt
$1,171,493
Avg List Price

Community

Subdivisions in Miami

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Property Summary

    Located in the IDEAL HOMES SUB NO 7 subdivision, 323 NW 56th Ave Miami FL is a Multi Family for sale in Miami, FL, 33126. It is listed for $800,000
323 NW 56th Ave
Miami, FL