256 NW 57th St

$1,187,500
Price
Beds
Baths
1,600 Sq. Ft.
$742 / Sq. Ft.
1,600
Sq. Ft.
$742
per Sq. Ft.

Description

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
...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.

Listing Agent

Property Details for 256 Northwest 57th Street

Subdivision
RAILROAD SHOPS INTER SCHO
Style
Duplex
Waterfront
No
Area
31
Num Stories
1
Sq Ft Total
1716
Sq Ft Liv Area
1600.0
AdjustedAreaSF
1629.0
LISTING UPDATED: 11/19/2025 05:00 PM

Property Details for 256 Northwest 57th Street

StatusActive
MLS #A11906273
Days on Market50
Taxes$12,367 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Duplex
Year Built1971
Lot Size-
CountyMiami-Dade County
Buyer's Agent Compensation3%
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Building Information for 256 Northwest 57th Street

Stories-Residences-Year Built1971Building Size-Lot Size-

Payment Calculator

$6,898 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,868

Property Taxes

$1,031

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 256 Northwest 57th Street

Location Information
Location Information
  • Parcel Number Free Text: 01-31-13-048-0310
  • FolioNum2ndParcel: 0131130480310
  • Parcel Number MLX: 0310
  • MLS Area: 31
  • Municipal Code: 1
  • Township Range: 31
  • Section: 13
  • Subdivision Number: 48
  • Subdivision Complex Bldg: RAILROAD SHOPS INTER SCHO
  • Unit Count: 2
  • Zoning Information: 5700
General Information
Parking
  • Num Parking Spaces: 3
General Information
  • Property Type Information: Substantially Remodeled
  • Balcony Porch/Patio: Yes
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: Yes
  • Pool Description: Below Ground Pool
  • Construction: Concrete Block Construction, CBS Construction
  • Construction Type: Concrete Block Construction, CBS Construction
  • Roof Description: Other Roof
  • Flooring: Terrazzo Floors
  • Floor Description: Terrazzo Floors
Additional Property Information
Utilities
  • Heating Description: Electric Heat
  • Cooling Description: Central Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: No
Additional Property Information
  • Pets Allowed: Yes
  • Guest Accommodations: No
  • Rent Includes: Electric, Other Rent Incl, Pest Control, Pool Maintenance, Sewer, Trash Removal, Water
Financial Information
Financial Information
  • Total Mortgage: $786,250
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Other Available Information

Property History for 256 Northwest 57th Street

DateEvent & SourcePriceAppreciation
Nov 3, 2025

Listed (Active)

MiamiRE #A11906273

$1,187,500
Oct 22, 2025

Cancelled

MiamiRE #A11890155

Oct 7, 2025

Listed (Active)

MiamiRE #A11890155

$1,300,000
Dec 11, 2023

Sold (Public Record)

Public Record #1524441150

$925,000

+80.4% / yr

Sep 7, 2022

Sold (Public Record)

Public Record #1499225761

$439,900

+23.9% / yr

Dec 7, 2015

Sold

MiamiRE #A2192811

$102,000
Nov 13, 2015

Sold (Public Record)

Public Record #564444434

$102,000
Oct 29, 2015

Pending

MiamiRE #A2192811

Oct 21, 2015

Listed (Active)

MiamiRE #A2192811

$89,040
DateEvent & SourcePrice
11/03/2025

Listed (Active)

MiamiRE #A11906273

$1,187,500
10/22/2025

Cancelled

MiamiRE #A11890155

10/07/2025

Listed (Active)

MiamiRE #A11890155

$1,300,000
12/11/2023

Sold (Public Record)

Public Record #1524441150

$925,000

+80.4% / yr

09/07/2022

Sold (Public Record)

Public Record #1499225761

$439,900

+23.9% / yr

12/07/2015

Sold

MiamiRE #A2192811

$102,000
11/13/2015

Sold (Public Record)

Public Record #564444434

$102,000
10/29/2015

Pending

MiamiRE #A2192811

10/21/2015

Listed (Active)

MiamiRE #A2192811

$89,040

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 256 Northwest 57th Street

Taxable ValueLand$283,756Additions$295,637Total$579,393
Tax Record2024$12,367 ($1,031 / month)
Home Facts
Total Finished SqFt1,600 SqFtAbove Grade Finished SqFt1,600 SqFtStories1Lot Size7,100 SqFtStyleDuplexYear Built1971Year Renovated2015Zoning5700:DUPLEXESCountyMIAMI-DADEAPN01-3113-048-0310

Schools near 256 Northwest 57th Street

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Toussaint L'Ouverture Elementary
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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256 Northwest 57th Street is a multi-family home for sale in Miami, FL 33127. This property was listed for sale on November 3, 2025 by Compass, it's currently listed at $1,187,500. It has been on the market for a total of 50 days and was last sold on December 11, 2023. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Toussaint L'Ouverture Elementary, Air Base K-8 Center for International Education and Jose De Diego Middle School. 256 Northwest 57th Street is a 0-bed, 0-bath, 1,600 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.