$770,000was $800,000
321 NW 56th Av
4 bd · 3 ba · 1,345 sq ft
Asking price cut 3.8% on August 24, from $800,000.
Listing courtesy of Keller Williams Capital Realty. 305-662-7325
From the MLS
- Bedrooms
- 4
- Bathrooms
- 3
- Living area
- 1,345 sq ft
- Asking per square foot
- $572
- Year built
- 1955
- ZIP code
- 33126
- MLS number
- A12035229
What the listing says
INVESTORS: rented to excellent tenants! Pristine, fully updated single-family compound in Miami’s urban core—5 mins to MIA & 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. Long-term leases: projected income is $6,200/mo, a 6.57% CAP rate. 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.
Description supplied by Keller Williams Capital Realty.
Before you offer on this one
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