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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
patricia.pappaterra@compass.comP: (786)-972-8282
Property Details for 256 Northwest 57th Street
Property Details for 256 Northwest 57th Street
| Status | Active |
|---|---|
| MLS # | A11906273 |
| Days on Market | 50 |
| Taxes | $12,367 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family Income / Duplex |
| Year Built | 1971 |
| Lot Size | - |
| County | Miami-Dade County |
| Buyer's Agent Compensation | 3% |
Location
Virtual Tour
Building Information for 256 Northwest 57th Street
Payment Calculator
$6,898 per month
30 year fixed, 6.28% Interest
$5,868
$1,031
$0
Property Information for 256 Northwest 57th Street
- 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
- Num Parking Spaces: 3
- 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
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11906273
- Heating Description: Electric Heat
- Cooling Description: Central Cooling
- Water Description: Municipal Water
- Sewer Description: Municipal Sewer
- Separate Meter: Yes
- Cable Available: No
- Pets Allowed: Yes
- Guest Accommodations: No
- Rent Includes: Electric, Other Rent Incl, Pest Control, Pool Maintenance, Sewer, Trash Removal, Water
- 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
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| 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 | — |
| Date | Event & Source | Price |
|---|---|---|
| 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
Schools near 256 Northwest 57th Street
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 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
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.
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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.














































