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321 Nw 56Th Ave | Image 2
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$770,000

For Sale

2 months ago

321 Nw 56Th Ave, Miami, FL

House

MLS® A12035229

4 Bed

3 Bath

1345 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1345 sqft
Garage 
Taxes $8,674
Days Active 15
Lot Size 0.16 Acres
Approx. Age 1955
Avg. Price Per Sqft $572
MLS® Number A12035229

Property Address: 321 Nw 56th Ave, Miami, FL, 33126-4923

Average square foot calculated using Size range provided by listing agent.

Description

INVESTORS & HOMEBUYERS! Pristine, fully updated single-family compound in Miami’s urban core—5 mins to MIA and near Coral Gables, Brickell, Coconut Grove, Wynwood, the cruise terminal 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 (=lower property insurance), 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, projected income is $6, 200/mo, a true 6.57% CAP rate. For Airbnb use, it is projected to gross $90K–$120K+/yr with 10.47% CAP rate, heavily driven by its premium airport proximity. This pristine and centrally located compound offers unmatched value for investors and end users alike.
MLS® NumberA12035229
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1955
Basement
DrivewayCircular Driveway, Driveway
Garage Spaces
HeatCentral, Electric
A/CCentral Air, Electric, Other, Zoned

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 3, 2026List Date
$770,000List Price
-End Date
Not Sold YetSold Price

For Rent

Jul 2, 2026List Date
$2,998List Price

Home Appraisal

This property is estimated to sell between: $641,000 and $835,000.
Similar properties in this area sold on average for: $641,111
Expected to sell in 17 days. Similar properties sold in 32 days. This home has been on eXp Realty for 15 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
321 Nw 56Th Ave, Miami, FL

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