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For sale
  • Price cut: $12.5K (6/11)
    $1,150,000

    256 NW 57th St, Miami, FL 33127

    3beds
    3baths
    1,600sqft
    : 
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    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.
    244 days
    |
    257
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Patricia Pappaterra 786-972-8282,

    Compass Florida LLC

    Source: MIAMI,MLS#: A11906273MLS LogoOriginating MLS: A-Miami Association of REALTORS

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      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

      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

        Not available

        Price history

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

        Public tax history

        YearProperty taxesTax 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 --

        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Little Haiti

        Getting around

        81 / 100
        Very Walkable
        51 / 100
        Good Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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