323 NW 56th Avenue, Miami, FL 33126

$770,000 · Active

  • 0 baths
  • 1,345 sq ft
  • 115 days on market
  • Triplex
  • Built 1955
  • Updated/Remodeled
  • 1,702 sq ft total
  • Miami-Dade County
  • MLS# A12053829
  • Ideal Homes Sub No 7
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About this home

INVESTORS-rented to excellent tenants! Pristine, fully updated compound in Miami’s urban core—5 mins to MIA and near Coral Gables, Brickell, Coconut Grove, Wynwood, 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, 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. On long-term leases, it has a potential to generate a stable total cash flow of $7,500/mo, yielding a true 7.95% CAP rate. For Airbnb use, it is projected to gross $110K–$148K+/yr with 11.39% CAP rate, heavily driven by its premium airport proximity. This pristine and centrally located compound offers unmatched value for investors and end users alike.

Features

Schools

  • Elementary: Henry M. Flagler
  • Middle: Kinloch Park
  • High: South Miami

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Keller Williams Capital Realty · JoelD@kw.com · Listing agent: Malgorzata Sadowska

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Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 323 NW 56th Avenue.

Before You Make an Offer

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Questions About 323 NW 56th Avenue

How much is 323 NW 56th Avenue?
323 NW 56th Avenue is listed at $770,000, which is about $572 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 323 NW 56th Avenue?
The listing reports annual property taxes of $8,764 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 323 NW 56th Avenue built?
323 NW 56th Avenue was built in 1955 and the listing describes its condition as updated/remodeled. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 323 NW 56th Avenue been on the market?
323 NW 56th Avenue has been listed for 115 days, and the asking price has been reduced from $800,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 323 NW 56th Avenue?
The MLS lists Henry M. Flagler (elementary), Kinloch Park (middle), South Miami (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 323 NW 56th Avenue?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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The home at 4850 NW 6th Street, Miami, FL 33126 is comparable and listed for sale at $799,000. Another comparable home, 4326 NW 4th Street, Miami, FL 33126, sold for $800,000 in September 2026. Miami neighborhoods include Westwood Lake and Downtown Miami. Nearby ZIP codes include 33125 and 33127. This property also neighbors Brickell, Fisher Island, and Coconut Grove. Compare it with the Miami housing market report.