Home321 NW 56th Avenue, Miami, FL 33126

Residential in Miami

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.

Property Highlights

Roof

  • Shingle

View

  • Garden

Sewer

  • Public Sewer

Levels

  • One

Cooling

  • Central Air
  • Electric
  • Zoned
  • Other

Fencing

  • Fenced

Heating

  • Central
  • Electric

Flooring

  • Ceramic Tile
  • Laminate
  • Tile

Amenities

  • Sidewalks
  • Street Lights
  • None

Utilities

  • Cable Available

Appliances

  • Dishwasher
  • Dryer
  • Electric Range
  • Microwave
  • Refrigerator
  • Washer
  • Other
  • Electric Water Heater

Possession

  • Negotiable

Room Types

  • Attic
  • Family Room
  • Laundry

Dining Area

  • DiningLiving Room
  • Eat-In Kitchen

LotFeatures

  • Fruit Tree(s)
  • Room for Pool

WaterSource

  • Public

Lot Features

  • Fruit Tree(s)
  • Room for Pool

Restrictions

  • No Restrictions

Water Source

  • Public

Listing Terms

  • Cash
  • Conventional
  • FHA

Porch Details

  • Porch - Open

Other Equipment

  • Other

OtherStructures

  • Outbuilding
  • Shed(s)

ParkingFeatures

  • Circular Driveway
  • Driveway

Pets Allowed YN

  • Yes

ExteriorFeatures

  • Lighting

InteriorFeatures

  • Bedroom Layout - Split
  • Bedroom Layout - Stacked
  • Built-in Features
  • Closet Cabinetry
  • High Ceilings
  • Other

Other Structures

  • Outbuilding
  • Shed(s)

Parking Features

  • Circular Driveway
  • Driveway

Exterior Features

  • Lighting

Interior Features

  • Bedroom Layout - Split
  • Bedroom Layout - Stacked
  • Built-in Features
  • Closet Cabinetry
  • High Ceilings
  • Other

Master BedroomBath

  • Bedroom On Entry Level
  • Master Bdrm - Ground
  • Separate Shower

Property Condition

  • UpdatedRemodeled

Road Frontage Type

  • Public Road

AssociationAmenities

  • Sidewalks
  • Street Lights
  • None

Guest House Features

  • 1 Bath
  • Efficiency
  • Living Room

Showing Requirements

  • Appointment Only
  • Showing Service

Water Heater Details

  • Electric Water Heater

Outdoor Living Spaces

  • Porch

PatioAndPorchFeatures

  • Porch - Open
  • Porch

Construction Materials

  • Block

Leasing Permitted Details

  • Okay To Lease

Property Details

Property TypeResidential
StyleSingle Family Residence
Year Built1955
CountyMiami-Dade
SubdivisionIDEAL HOMES SUB NO 7
Living Area1,345 sq ft
Bedrooms4
Baths3
Half Baths0
Annual Tax$8,674 (2025)
Pets AllowedYes
Listing OfficeKeller Williams Capital Realty
Listing AgentMalgorzata Sadowska
Office Phone305-662-7325

321 NW 56th Avenue, Miami, FL 33126, Miami, FL 33126