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For sale
    • Price cut: $30K (8/24)
    $770,000

    321 NW 56th Ave, Miami, FL 33126

    4beds
    1,345sqft
    : 
    $5,211/mo
    Get pre-qualified
    Single Family Residence
    Built in 1955
    6,760 Square Feet Lot
    $-- Zestimate®
    $572/sqft
    $-- HOA

    What's special

    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.
    60 days
    274
    20

    Zillow last checked:

    Listing updated:

    Listed by:

    Malgorzata Sadowska 305-204-2462,

    Keller Williams Capital Realty

    Source: MIAMI,MLS#: A12035229MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Attic, Family Room
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric, Other, Zoned
      Appliances
      • Included: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Other, Refrigerator, Washer
      • Laundry: Laundry Room
      Features
      • Built-in Features, Closet Cabinetry, Other, Split Bedroom, Stacked Bedroom, Volume Ceilings
      • Flooring: Ceramic Tile, Tile
      • Doors: High Impact Doors
      • Windows: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
      Interior area
      • Total structure area: 1,702
      • Total interior livable area: 1,345 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Circular Driveway, Driveway
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Entry location: First Floor Entry
      • Patio & porch: Open Porch
      • Exterior features: Lighting, Room For Pool
      • Pool features: R30-No Pool/No Water
      • Fencing: Fenced
      • Has view: Yes
      • View description: Garden
      Lot
      • Size: 6,760 Square Feet
      • Features: Less Than 1/4 Acre Lot
      • Residential vegetation: Fruit Trees
      Details
      • Additional structures: Extra Building/Shed, Shed(s)
      • Parcel number: 0141060660070
      • Zoning: 5700
      • Other equipment: Other

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Concrete Block Construction
      • Roof: Shingle
      Condition
      • Completely Renovated
      • Year built: 1955

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Municipal Water

      Community & HOA

      Community
      • Features: None, Sidewalks, Street Lights, No Subdiv/Park Info
      • Subdivision: Ideal Homes Sub No 7
      HOA
      • Has HOA: No
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $572/sqft
      • Tax assessed value: $464,525
      • Annual tax amount: $8,674
      • Date on market: 7/2/2026
      • Listing terms: All Cash,Conventional,FHA

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/24/2026Price change$770,000-3.8%$572/sqft
        Source: MIAMI #A12035229 Report a problem
        7/8/2026Listed for sale$800,000+50.9%$595/sqft
        Source: MIAMI #A12035229 Report a problem
        7/2/2026Listed for rent$3,000-6.3%$2/sqft
        Source: MIAMI Report a problem
        3/7/2024Listing removed--
        Source: MIAMI #A11513961 Report a problem
        1/15/2024Listed for rent$3,200$2/sqft
        Source: MIAMI #A11513961 Report a problem
        7/5/2023Sold$530,000$394/sqft
        Source: MIAMI #A11373184 Report a problem
        6/10/2023Contingent$530,000$394/sqft
        Source: MIAMI #A11373184 Report a problem
        5/25/2023Listed for sale$530,000$394/sqft
        Source: MIAMI #A11373184 Report a problem
        5/10/2023Contingent$530,000$394/sqft
        Source: MIAMI #A11373184 Report a problem
        4/17/2023Listed for sale$530,000$394/sqft
        Source: MIAMI #A11373184 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,674 +2.7%$457,137 +2.9%
        2024$8,443 +634%$444,254 +227%
        2023$1,150 +0.6%$135,838 +3%
        2022$1,143 $131,882
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
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        Climate risks

        Neighborhood: Flagami

        Getting around

        70 / 100
        Somewhat Walkable
        45 / 100
        Some Transit
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Flagler; Henry M.
        • Middle: Kinlock Park
        • High: South Miami

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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