INVESTORS: rented to excellent tenants! Pristine, fully updated single-family compound in Miami’s urban core—5 mins to MIA & 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. Long-term leases: projected income is $6,200/mo, a 6.57% CAP rate. 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.
Listing Provided Courtesy of Keller Williams Capital Realty at 305-662-7325
Property Details
Price:
$770,000
MLS #:
A12035229
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
IDEAL HOMES SUB NO 7
Neighborhood:
2410
Listed Date:
Aug 22, 2026
Finished Sq Ft:
1,345
Total Sq Ft:
1,702
Lot Size:
294,465,600 sqft / 0.16 acres (approx)
Year Built:
1955
See this Listing
Schools
Elementary School:
Henry M. Flagler
Middle School:
Kinloch Park
High School:
South Miami
Interior
Appliances
Electric Water Heater, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Other
Bathrooms
3 Full Bathrooms
Cooling
Central Air, Electric, Zoned, Other
Flooring
Ceramic Tile, Laminate, Tile
Heating
Central, Electric
Interior Features
Bedroom Layout – Split, Bedroom Layout – Stacked, Built-in Features, Closet Cabinetry, High Ceilings, Other
Levels
One
Exterior
Association Amenities
Sidewalks, Street Lights, None
Construction Materials
Block
Direction Faces
Northwest
Exterior Features
Lighting
Fencing
Fenced
Lot Features
Fruit Tree(s), Room for Pool
Other Structures
Outbuilding, Shed(s)
Parking Features
Circular Driveway, Driveway
Patio And Porch Features
Porch – Open, Porch
Roof
Shingle
View
Garden
Financial
Tax Year
2025
Taxes
$8,674
Map
Community
- Address321 NW 56th Avenue Miami FL
- SubdivisionIDEAL HOMES SUB NO 7
- CityMiami
- CountyMiami-Dade
- Zip Code33126
Market Summary
Current real estate data for Single Family in Miami as of Oct 30, 2026
2,942
Single Family Listed
88
Avg DOM
563
Avg $ / SqFt
$1,443,140
Avg List Price
Property Summary
- Located in the IDEAL HOMES SUB NO 7 subdivision, 321 NW 56th Avenue Miami FL is a Single Family for sale in Miami, FL, 33126. It is listed for $770,000 and features 4 beds, 3 baths, and has approximately 1,345 square feet of living space, and was originally constructed in 1955. The current price per square foot is $572. The average price per square foot for Single Family listings in Miami is $563. The average listing price for Single Family in Miami is $1,443,140.
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