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$1,187,500
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Property Description
Exceptional investment opportunity in the heart of Miami's emerging Little Haiti corridor! This renovated duplex combines strong STR income performance with long-term redevelopment potential as T3-O zoning. Potential multifamily 2-9 units. Featuring 3 beautifully updated units, modern finishes, impact windows, 2 electric meters, and a newly landscaped yard with pool area, this property has delivered an impressive $150,134 in 2024 annual gross income and a 6.87% CAP rate based on the current $1.187M asking price. Enjoy consistent bookings from short-term rentals while benefiting from revitalization and proximity to Wynwood, the Design District, and Midtown. An ideal turn-key asset for investors seeking cash flow + appreciation upside in one of Miami's fastest-transforming neighborhoods.
Full Property Details
Full Property Details for 256 NW 57th St
General
- Price: $1,187,500
- Taxes: $12,367 (2024)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11906273
- Updated: 11/13/2025
- Added to Site: 75 day(s) ago
Rental Information
- Rent Includes: Electricity, Other Rent Incl, Pest Control, Pool Maintenance, Sewer, Trash Collection, Water
Interior
- Flooring: Terrazzo
Additional Information
- Pool: Yes
- Pool Description: In Ground
Parking
- Total Spaces: 3
Location
- Area: Railroad Shops Inter Scho
- County: Miami-Dade County
- Subdivision: RAILROAD SHOPS INTER SCHO
- Building Name: RAILROAD SHOPS INTER SCHO
Community
- Community Name: Railroad Shops Inter Scho
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Other
- Stories/Levels: 1
- Building Size: 1716
- Square Feet: 1,600
- Living Area: 1,600 Sq. Ft.
- Year Built: 1971
- Property Condition: Substantially Remodeled
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $742.19
- Tax Amount: $12,367
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA-Va Approved
Disclosures and Reports
- Documents Avail.: Other Available Information
- Legal Description: RAILROAD SHOPS INTER SCHOOL TR PB 3-192 LOT 8 BLK 2 LOT SIZE 50.000 X 142 OR 19259-1843 08 2000 4
- Property ID: 01-31-13-048-0310
Listed by Compass Florida, LLC
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Schools
Schools serving 256 NW 57th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Toussaint L'Ouverture Elementary 120 Northeast 59th Street, Miami, FL 33137 | PK-5 | 0.4 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.5 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 0.3 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 256 NW 57th St
Date
Details
Price
Change
Source
11/03/2025
Listed
$1,187,500
28.38%
MLS
12/11/2023
Sold
$925,000
—
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 256 NW 57th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,367
47%
$579,393
56%
2023
$8,404
88%
$371,841
54%
2021
$4,470
-8%
$242,099
-18%
2022
$4,878
9%
$293,886
41%
2021
$4,470
17%
$208,598
79%
2019
$3,830
17%
$116,834
10%
2018
$3,280
8%
$106,213
-19%
2017
$3,047
14%
$131,070
49%
2016
$2,676
15%
$87,780
25%
2015
$2,319
18%
$70,109
31%
2014
$1,969
2%
$53,326
4%
2013
$1,927
—
$51,302
—
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 256 NW 57th St
256 NW 57th St, Miami, FL 33127 (MLS# A11906273) is a Duplex property with 0 bedrooms and 0 full bathrooms. 256 NW 57th St is currently listed for $1,187,500 and was received on November 03, 2025. Want to learn more about 256 NW 57th St? 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.

