For sale

Price cut: $12.5K (6/11)

$1,150,000

256 NW 57th St, Miami, FL 33127

3beds

3baths

1,600sqft

$7,554/mo

Get pre-qualified

Duplex

Built in 1971

-- sqft lot

$-- Zestimate^®

$719/sqft

$-- HOA

What's special

Modern finishesRenovated duplexImpact windowsPool areaNewly landscaped yard

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 great CAP Rate above 6%. 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.

289 days

141

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Electric

Cooling

Central Air

Features

Flooring: Terrazzo

Interior area

Total structure area: 1,716
Total interior livable area: 1,600 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3

Features

Stories: 1
Has private pool: Yes
Pool features: In Ground

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0131130480310
Zoning: 5700

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Concrete Block Construction, CBS Construction
Roof: Other

Condition

Updated/Remodeled
Year built: 1971

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Subdivision: Railroad Shops Inter Scho

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $719/sqft
Tax assessed value: $583,684
Annual tax amount: $12,367
Date on market: 11/3/2025
Listing terms: All Cash,Conventional,FHA-Va Approved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/11/2026	Price change	$1,150,000-1.1%$719/sqft
Source: MIAMI #A11906273 Report a problem
2/26/2026	Price change	$1,162,500-2.1%$727/sqft
Source: MIAMI #A11906273 Report a problem
11/3/2025	Listed for sale	$1,187,500-8.7%$742/sqft
Source: MIAMI #A11906273 Report a problem
10/23/2025	Listing removed	$1,300,000$813/sqft
Source: MIAMI #A11890155 Report a problem
10/7/2025	Listed for sale	$1,300,000+40.5%$813/sqft
Source: MIAMI #A11890155 Report a problem
12/19/2023	Sold	$925,000+110.3%$578/sqft
Source: Public Record Report a problem
10/5/2022	Sold	$439,900+25.7%$275/sqft
Source: Public Record Report a problem
1/19/2021	Listing removed	--
Source: MIAMI Report a problem
1/3/2021	Listed for sale	$350,000+243.1%$219/sqft
Source: Beachfront Realty Inc #A10856789 Report a problem
12/8/2015	Sold	$102,000+96.4%$64/sqft
Source: Public Record Report a problem
10/23/2015	Listed for sale	$51,940-22.7%$32/sqft
Source: Berkshire Hathaway HomeServices #A2192811 Report a problem
7/24/2014	Sold	$67,200$42/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$12,427 +0.5%	$583,684 +0.7%
2024	$12,367 +47.2%	$579,393 +55.8%
2023	$8,404 +72.3%	$371,841 +139.1%
2022	$4,878 +9.1%	$155,504 +10%
2021	$4,470 +9.9%	$141,368 +10%
2020	$4,068 +6.2%	$128,517 +10%
2019	$3,830 +16.8%	$116,834 +10%
2018	$3,280	$106,213 +10%
2017	$3,280 +7.6%	$96,558 +10%
2016	$3,047 +31.4%	$87,780 +25.2%
2015	$2,319 +17.7%	$70,109 +31.5%
2014	$1,969 +8.6%	$53,326 +3.9%
2013	$1,814	$51,302 +10%
2012	$1,814 -14.6%	$46,639 -22.2%
2011	$2,124 -23.6%	$59,982 -28.1%
2010	$2,780 -34.6%	$83,448 -45.5%
2009	$4,249 -21.4%	$153,071 -28.7%
2007	$5,407 +36.1%	$214,720
2006	$3,972	--
2005	$3,972 +22.4%	--
2004	$3,246 +23.9%	--
2003	$2,620 +9.9%	--
2002	$2,384	--
2001	$2,384	--