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Property 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.
Full Property Details
Full Property Details for 321 NW 56th Ave.
General
- Price: $800,000
- Taxes: $8,674 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12035229
- Updated: 7/8/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: First Floor Entry, Built-in Features, Closet Cabinetry, Other, Split Bedroom, Stacked Bedroom, Volume Ceilings, Attic, Family Room, Utility Room/Laundry
- Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Other Equipment/Appliances, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Floor, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
Other Rooms
- Living Room: Attic, Family Room, Utility Sq. Ft.
- Eat-in kitchen: Yes
- Dining Room: Dining/Living Room, Eat-In Kitchen
- Laundry: Utility Room/Laundry
Exterior
- Exterior Features: Lighting, Fruit Trees, Room for Pool
- Deck/Patio: Open Porch
Parking
- Parking Features: Circular Driveway, Driveway
Location
- Area: Ideal Homes Sub No 7
- County: Miami-Dade County
- Subdivision: IDEAL HOMES SUB NO 7
- Building Name: IDEAL HOMES SUB NO 7
- Direction Faces: Northwest
School Information
- Elementary School: Flagler; Henry M.
- Middle School: Kinlock Park
- High School: South Miami
Community
- Community Name: Ideal Homes Sub No 7
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Other, Zoned
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Windows: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
- Doors: High Impact Doors
- Building Size: 1702
- Square Feet: 1,345
- Sq. Ft. Source: Appraisal
- Living Area: 1,345 Sq. Ft.
- Year Built: 1955
- Property Condition: Completely Renovated
Additional Structures
- Other Structures: Extra Building/Shed, Shed(s)
Lot Features
- Property View: Garden
- Lot Size (Sq. Ft.): 6,760
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 5700
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $594.8
- Tax Amount: $8,674
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: IDEAL HOMES SUB NO 7 PB 61-13 LOT 7 BLK 1 LOT SIZE 65.000 X 104
- Restrictions: No Restrictions, Ok To Lease
- Property ID: 01-41-06-066-0070
Listed by Keller Williams Capital Realty
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Schools
Schools serving 321 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 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 321 NW 56th Ave.
Date
Details
Price
Change
Source
7/08/2026
Listed
$800,000
50.94%
MLS
7/05/2023
Sold
$530,000
—
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 321 NW 56th Ave.
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,674
3%
$457,137
3%
2024
$8,443
634%
$444,254
227%
2023
$1,150
—
$135,838
—
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 321 NW 56th Ave.
321 NW 56th Av, Miami, FL 33126 (MLS# A12035229) is a Single Family property with 4 bedrooms and 3 full bathrooms. 321 NW 56th Av is currently listed for $800,000 and was received on July 08, 2026. Want to learn more about 321 NW 56th Av? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

