256 NW 57th St, Miami, FL 33127

Building Details

Year Built

1971

Listing office p***@gmail.com Show Phone

Listing date Nov 28, 2025

Source Elliman

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Overview

This renovated duplex presents an investment opportunity in Miami's Little Haiti corridor. The property features 3 updated units with modern finishes and impact windows. It includes 2 electric meters and a landscaped yard with a pool area. The property has generated $150,134 in 2024 annual gross income, reflecting a 6.87% CAP rate based on the current asking price. The T3-O zoning allows for potential multifamily development of up to 29 units. The property is positioned to benefit from ongoing revitalization and its proximity to Wynwood, the Design District, and Midtown. It is currently used for short-term rentals.

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Butcher Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Restaurant Buffet (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Miami

County

Miami-Dade

State

Florida

Longitude

-80.2014

Latitude

25.8276

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FAQs

What type of property is this?

Duplex - Renovated duplex with strong STR income and redevelopment potential.

Where is this duplex located?

The property is located at 256 NW 57th St Miami, FL.

What is the asking price?

The asking price for this property is $1,150,000.

What are key features of this property?

This property features: High Gross Annual Income: $150,134 in 2024; Strong CAP Rate: 6.87% based on current asking price; Redevelopment Potential: T3‑O zoning allows for potential multifamily development up to 29 units