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256 NW 57th StMiami, FL 33127

For Sale

$1,187,500

Smart Buyer Rebate $11,875

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 6.87% CAP rate based on the current $1.187M asking price. 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.

Listed by Patricia Pappaterra

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License #3322504

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Compass Florida, LLC

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786-972-8282

Last updated November 14, 2025

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Source: MIAMIRE #A11906273

Listing Facts

  • TypeMulti-family
  • NeighborhoodEdison
  • Days on Prevu16
  • Taxes$12,367/year
  • Size1,600 sqft
  • Price per sqft$742

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

11/03/2025
Listed by Compass Florida, LLC
$1,187,500

Property Details for 256 NW 57th St

Association

General

  • Number Of Units In Community: 2

Exterior

Construction

  • Property Condition: Substantially Remodeled
  • Roof: Other
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Duplex
  • Year Built: 1971
  • Year Built Details: Resale
  • Building Name: RAILROAD SHOPS INTER SCHO
  • Construction Materials: Concrete Block Construction, CBS Construction

Features

  • Pool Features: In Ground

Measurements

  • Building Area Total: 1,716
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-13-048-0310
  • Tax Annual Amount: $12,367.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Terrazzo

Measurements

  • Living Area: 1,600
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: RAILROAD SHOPS INTER SCHO

Parking

Parking

  • Parking Total: 3

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.