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321 NW 56th Av, Miami, Florida 33126

Active For Sale
$800,000
  • Beds 4
  • Baths 3
  • Sq Ft 1,345 Sqft
  • Visits: 5 in 15 days

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.

Features

  • Swimming Pool: No
  • Heating System: Central, Electric
  • Cooling System: Electric, Zoned, Other, Central Air
  • Patio: Open, Porch
  • Parking: Driveway, Circular Driveway

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Water Heater, Other

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: IDEAL HOMES SUB NO 7
  • Zipcode: 33126
  • Street: 56th Av
  • Street Number: 321
  • Floor Number: 0
  • Longitude: W81° 42' 48.8''
  • Latitude: N25° 46' 30.3''
  • Street Dir Prefix: NW
  • MLS Area: 41

MLS Addon

  • Architectural Style: Detached, One Story
  • Association Fee: $0
  • Close Price: $0
  • Elementary School: Flagler; Henry M.
  • Exterior Features: Lighting, Security/High Impact Doors, Porch, Fence, Shed, Fruit Trees, Room For Pool
  • Flooring: Ceramic Tile, Tile, Laminate
  • High School: South Miami
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, First Floor Entry, Living/Dining Room, Closet Cabinetry, Eat-in Kitchen, Built-in Features, High Ceilings, Split Bedrooms, Attic, Stacked Bedrooms, Shower Only
  • Lot Features: < 1/4 Acre
  • Middle Or Junior School: Kinlock Park
  • New Taxes Expense: $0
  • Stories: 1
  • Tax Annual Amount: $8,674
  • Utilities: Cable Available
  • Window Features: Impact Glass

Location

Listing Updated: 2026-07-10 03:20:21

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A12035229
  • Price : $800,000
  • View : Lake, Water
  • Bedrooms : 4
  • Bathrooms : 3
  • Full Bathrooms : 3
  • Half Bathrooms : 0
  • Square Footage : 1,345 Sqft
  • Year Built : 1955
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 15
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