323 NW 56th Ave, Miami FL 33126
- $770,000
Overview
- Triplex
- 1345 Square Feet
- 1955
Description
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.
Address
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Address: 56th Ave
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33126
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Area: 0, B, E, Ideal Homes Sub No 7, Miami, URBAN VILLAGE AT 5TH AVE, Urbn Village on 5th
Details
Updated on August 26, 2026 at 9:16 am-
Property ID A12053829
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Price $770,000
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Property Size 1345 Square Feet
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Year Built 1955
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Property Type Triplex
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Property Status Active, Residential Income
Additional details
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ArchitecturalStyle Detached
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BuildingAreaTotal 1702
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BuildingAreaUnits Square Feet
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BuildingName IDEAL HOMES SUB NO 7
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ConstructionMaterials Concrete Block Construction
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ContractStatusChangeDate 2026-07-16
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Cooling Central Air, Electric, Other, Zoned
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DaysOnMarket 39
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DocumentsAvailable Equipment Lists, Financial Statement, Investment Analysis
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DoorFeatures High Impact Doors
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ExpirationDate 2027-01-15
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Fencing Fenced
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Flooring Ceramic Floor, Tile
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Heating Central, Electric
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 305-204-2462
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ListAgentEmail Maggie@MegaLuxeHomes.com
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ListAgentFullName Malgorzata Sadowska
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ListAgentKey 3c676e1db2afac384abdf9e58f284b58
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ListAgentMlsId 3313909
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ListAgentOfficePhone 305-662-7325
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ListAgentStateLicense 3313909
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ListOfficeFax 305-667-8879
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ListOfficeKey 958b5df7b06b6158d995deab0da40c6d
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ListOfficeMlsId KWCG01
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ListOfficeName Keller Williams Capital Realty
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ListOfficePhone 305-662-7325
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ListingAgreement Exclusive Agency
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ListingContractDate 2026-07-16
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ListingKey db075a2a7664583cda90901a7e2bd642
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ListingTerms All Cash, Conventional, FHA
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LotFeatures Less Than 1/4 Acre Lot
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LotSizeSquareFeet 0
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MajorChangeTimestamp August 24, 2026 at 02:35pm
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MajorChangeType Price Decrease
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MlsStatus Active
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ModificationTimestamp August 25, 2026 at 06:20pm
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NumberOfUnitsInCommunity 3
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OnMarketDate 2026-07-16
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OriginalEntryTimestamp July 16, 2026 at 07:21pm
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OriginalListPrice 800000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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OtherStructures Extra Building/Shed
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ParcelNumber 01-41-06-066-0070
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ParkingTotal 7
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PatioAndPorchFeatures Open Porch
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PhotosChangeTimestamp July 16, 2026 at 07:21pm
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PhotosCount 40
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Possession Funding
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PostalCode 33126
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PostalCodePlus4 4923
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PreviousListPrice 800000
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PriceChangeTimestamp August 24, 2026 at 02:35pm
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PropertyCondition Completely Renovated
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PublicSurveyRange 41
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PublicSurveySection 6
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PublicSurveyTownship 41
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RentIncludes Electricity, Hot Water, Gardener, Sewer, Trash Collection, Water
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Roof Shingle
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Sewer Public Sewer
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ShowingInstructions Appointment Only, See Broker Remarks, Showing Assist
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SourceSystemKey 531526914
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StateOrProvince FL
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StatusChangeTimestamp August 22, 2026 at 04:15am
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Stories 1
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StoriesTotal 1
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StreetDirPrefix NW
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StreetName 56th Ave
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StreetNumber 323
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StreetNumberNumeric 323
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StructureType Triplex
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SyndicationRemarks 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.
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TaxAnnualAmount 8764
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TaxLegalDescription IDEAL HOMES SUB NO 7 PB 61-13 LOT 7 BLK 1 LOT SIZE 65.000 X 104
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TaxYear 2025
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WaterSource Municipal Water
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WindowFeatures Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
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YearBuiltDetails Effective Year Built
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Zoning 5700
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