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$860,000
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Property Description
Excellent investment opportunity in central Miami. Income-producing duplex at 115 NW 56th Ave, Miami, FL 33126 in a high-demand rental area. Currently generates approx. $5,500/month, delivering immediate cash flow for investors. Minutes to Miami International Airport, Downtown Miami, and Coral Gables, with quick access to SR-836, I-95, and the Palmetto Expressway. Close to shopping, dining, schools, hospitals, employment hubs, and public transportation-strong tenant appeal and rental stability. Duplex layout offers multiple income streams, reduced vacancy risk, and flexible long-term rental strategy. Ideal buy-and-hold asset with income plus appreciation potential in a market with limited inventory.
Full Property Details
Full Property Details for 115 NW 56th Ave.
General
- Price: $860,000
- Taxes: $10,219 (2024)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11930134
- Updated: 12/13/2025
- Added to Site: 35 day(s) ago
Rental Information
- Approvals: Approved
- Rent Includes: Cable TV, Hot Water, Sewer, Trash Collection, Water
Interior
- Flooring: Ceramic Floor
Parking
- Total Spaces: 10
Location
- Area: Westgate
- County: Miami-Dade County
- Subdivision: WESTGATE
- Building Name: WESTGATE
- Driving Directions: From Miami International Airport: Take FL-836 W, exit at NW 57th Ave and turn right. Continue south, turn right on NW 7th St, then turn left on NW 56th Ave. Property will be on the right.
Community
- Community Name: Westgate
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Attached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1817
- Square Feet: 1,629
- Living Area: 1,629 Sq. Ft.
- Year Built: 1947
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $527.93
- Tax Amount: $10,219
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA, FHA-Va Approved
Disclosures and Reports
- Documents Avail.: Copy Of Lease(S)
- Legal Description: 6 54 41 WESTGATE PB 13-3 LOT 4 BLK 3 LOT SIZE 57.000 X 106 OR 15244-1974 1091 1 COC 26362-4629 05 2008 1
- Property ID: 01-41-06-015-0570
Listed by Avanti Way Realty LLC
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Schools
Schools serving 115 NW 56th Ave.
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Henry M. Flagler Elementary School 5222 Northwest 1st Street, Miami, FL 33126 | PK-5 | 0.4 mi |
Kinloch Park Middle School 4340 Northwest 3rd Street, Miami, FL 33126 | 6-8 | 1.2 mi |
South Miami Senior High School 6856 Southwest 53rd Street, Miami, FL 33155 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 NW 56th Ave.
Date
Details
Price
Change
Source
12/12/2025
Listed
$860,000
237.25%
MLS
5/01/2008
Sold
$255,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 115 NW 56th Ave.
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,491
10%
$462,594
20%
2023
$8,658
110%
$384,229
92%
2021
$4,128
-8%
$200,260
-17%
2022
$4,498
9%
$241,139
21%
2021
$4,128
8%
$199,205
8%
2019
$3,823
4%
$185,140
2%
2018
$3,668
5%
$180,792
4%
2017
$3,492
4%
$173,257
9%
2016
$3,349
3%
$159,025
6%
2015
$3,260
7%
$150,394
6%
2014
$3,057
6%
$142,440
6%
2013
$2,878
—
$134,696
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 115 NW 56th Ave.
115 NW 56th Ave, Miami, FL 33126 (MLS# A11930134) is a Duplex property with 0 bedrooms and 0 full bathrooms. 115 NW 56th Ave is currently listed for $860,000 and was received on December 12, 2025. Want to learn more about 115 NW 56th Ave? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

