For sale

$1,150,000

256 NW 57th St, Miami, FL 33127

3beds

3baths

1,600sqft

$8,165/mo

Get pre-qualified

Duplex

Built in 1971

-- sqft lot

$-- Zestimate^®

$719/sqft

$-- HOA

What's special

Modern finishesImpact windows

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. Lower your interest rate! Seller and preferred lender buy-down concessions are available for qualified buyers.

335 days
139
7

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	--