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256 57th St
Miami-dade, Railroad Shops Inter Scho, Miami, FL
FOR SALE
Asking
$1,187,500
BTC
13.173
ETH
389.22
Home Size
1,600 sq. ft.
Year Built
1971
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.
LOADING
Location
Market Area
Miami-Dade
Neighborhood
RAILROAD SHOPS INTER SCHO
Agent
Patricia Pappaterra
+1 310 910 1722