321 NW 56th Av

321 NW 56th Av Miami 33126
4 bedrooms | 3 bathroom | 0 half bath | 1,345 sqft

$800,000

Property Details

MLS #
A12035229
Unit #
Address
321 NW 56TH AV  map  
Bedrooms
4
Bathrooms
3
Living Area (f2)
1,345
Living Area (M2)
125
Lot Size (f2)
6,760
Year Built
1955
Waterfront
Status
Active
Listing Type
Single Family
Maintenance Fee
$0
Complex
IDEAL HOMES SUB NO 7
Days On Market
41
Pool
Pets Allowed
N/A
Parking Spaces
0

Magic City Realtors

Broker
Magic City Realtors

 305-570-4898 

Inquire About this Property

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Property Description

INVESTORS & HOMEBUYERS! Pristine, fully updated single-family compound in Miami’s urban core—5 mins to MIA and 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. On long-term leases, projected income is $6,200/mo, a true 6.57% CAP rate. For 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.

Property Amenities

Equipment

  • Dishwasher
  • Dryer
  • Electric Range
  • Electric Water Heater
  • Microwave
  • Other Equipment/Appliances
  • Refrigerator
  • Washer

Interior Features

  • First Floor Entry
  • Built-in Features
  • Closet Cabinetry
  • Other
  • Split Bedroom
  • Stacked Bedroom
  • Volume Ceilings
  • Attic
  • Family Room
  • Utility Room/Laundry

Exterior Features

  • Lighting
  • Fruit Trees
  • Room For Pool

Similar Properties

Address Unit # Price %Chng Bed/Bath
4756 SW 7th St $583,000 3/1
5170 NW 2nd St $595,000 3/2
122 SW 56th Ave $649,000 2/1
270 NW 51st Ave $650,000 3/2
20 SW 48th Ave $749,500 7.15% 3/2
4870 SW 6th St $750,000 4/3
4840 SW 5th Ter $765,000 3/2
321 NW 56th Av $800,000 4/3
5648 SW 5th Ter $820,000 3/2
5251 SW 6th St $929,000 4/2
5152 SW 6th St $1,085,000 5/4

Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
04/30/2026 $640,000 $650,000 3 2
04/28/2026 $1,230,000 $1,294,000 2 2
03/06/2026 $925,000 $950,000 8 6
03/03/2026 $900,000 $998,500 4 4
02/26/2026 $549,000 $549,000 3 1

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