256 NW 57th St, Miami, FL 33127 — MLS photo

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256 NW 57th St, Miami, FL 33127

Active · Duplex

$1,150,000

256 NW 57th St, Miami, FL 33127

Beds
—
Baths
0
Living area
1,600 sq ft
$ / sq ft
$719/sq ft
Year built
1971
Lot size
—
HOA fee
—
Annual tax
$12,367

About this property

Renovated, fully furnished duplex in Little Haiti, just minutes from Wynwood, the Design District and Midtown. Updated interiors with modern finishes, impact windows, terrazzo floors, separate electric meters, and a newly landscaped yard with in-ground pool. Delivered vacant and turn-key, ideal for an investor seeking rental income or an owner-occupant who wants to live in one unit and rent the rest. FHA, VA and conventional financing welcome. Lower your rate: seller and preferred-lender buy-down concessions are available for qualified buyers.

Property location

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256 NW 57th St, Miami, FL 33127

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Facts & features

Interior

Bathrooms
0
Living area
1,600 sq ft
Flooring
Terrazzo
Cooling
Central Air
Heating
Electric

Exterior & Structure

Property type
Duplex
Year built
1971
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Security High Impact Doors
Pool
In Ground, Pool

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$12,367
Subdivision
RAILROAD SHOPS INTER SCHO
County
Miami-Dade
Days on market
343
MLS listing ID
A11906273
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,714

Cap rate
3.9%
Net yield
3.9%
Cash-on-cash return
-6.4%
Gross yield
6.3%
Mortgage payment
$5,452/mo
Down payment
$287,500
Loan amount
$862,500
Annual NOI
$44,847

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.