321 NW 56th Av, Miami FL 33126

IDEAL HOMES SUB NO 7

$800,000
4 Bedrooms
3 Bathrooms
1,345 SQFT
$595 / SQFT

Request Information

Thomas Pichet
Thomas Pichet
+1 561-945-4345
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$800,000
321 NW 56th Av, Miami FL 33126
IDEAL HOMES SUB NO 7
4 Beds
3 Baths
1,345 SQFT

Key Information

Lot Size 6,760 sqft
Year Built 1955
City Miami
Neighborhood Flagami
Price/sqft $595/sqft
DOM 7 Days
MLS # A12035229
Status Active

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.

Location

Property Information

  • Price: $800,000
  • Prices/sqft: $595/sqft
  • Tax Year: 2025
  • Tax annual amount: $8,674

  • Property subtype : Single Family Residence
  • Property type : residential
  • MLS # : A12035229
  • Front Exposure: Northwest
  • Stories: 1
  • View: Garden
  • Furnished: Unfurnished

  • Design Description: Detached, One Story
  • Construction: Block
  • Year Built Details: Effective Year Built

  • Pets Allowed: Yes

  • Pool Features: None

  • City: Miami
  • County: Miami-Dade
  • State: FL
  • Parcel Number: 01-41-06-066-0070
  • Subdivision Complex Bldg: IDEAL HOMES SUB NO 7
  • Zoning Information: 5700
  • Neighborhoods: Ideal Homes

  • Garage Spaces: 0.0
  • Parking Description: Circular Driveway, Driveway
  • Carport Spaces: 0.0

  • Heating Description: Central, Electric
  • Cooling Description: Central Air, Electric, Other, Zoned
  • Water Description: Public
  • Sewer Description: Public Sewer

  • Room Count: 0
  • Interior Features: Built In Features, Bedroom On Main Level, Closet Cabinetry, Eat In Kitchen, First Floor Entry, High Ceilings, Living Dining Room, Split Bedrooms, Shower Only, Stacked Bedrooms, Attic
  • Equipment Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Other, Refrigerator, Washer
  • Exterior Features: Fence, Fruit Trees, Lighting, Porch, Room For Pool, Shed, Security High Impact Doors
  • Patio and Porch Features: Open, Porch
  • Windows treatment: Impact Glass

Contact

Thomas Pichet
Thomas Pichet
CEO & Broker
+1 561-945-4345
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