Railroad Shops Inter Scho Duplex For Sale
256 Nw 57th St, Miami, FL 33127

$1,187,500
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11906273
  • Virtual Tour: YES
  • List Price: $1,187,500
  • Living Area: 1600 Ft² / 149 M²
  • Price Per Foot/Meter: $742 / $7,989
  • Taxes:$12,367
  • Year Built:1971
  • Listing Date:November 3, 2025
  • Days On Market:18

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 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.

Features


  • Floor:Terrazzo
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker