321 NW 56th AVE, Miami, FL 33126
321 NW 56th AVE, Miami, FL 33126,Video Tour
321 NW 56th AVE, Miami, FL 33126
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Graceann Tinney

Graceann Tinney

+1(267) 373-8244
$800,000
Est. payment /mo
4 Beds
3 Baths
1,345 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,345 sqft

Price per Sqft $594

Subdivision Ideal Homes Sub No 7

MLS Listing ID A12035229

Bedrooms 4

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Total Fin. Sqft 1345

Year Built 1955

Annual Tax Amount $8,674

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

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.

Location

State FL

County Miami-dade

Community Street Lights

Area 2410

Zoning 5700

Direction Northwest

Rooms

Other Rooms Outbuilding, Shed(s)

Interior

Interior Features Built-in Features, Bedroom on Main Level, Closet Cabinetry, Eat-in Kitchen, High Ceilings, Living/Dining Room, Main Level Primary, Other, Split Bedrooms, Separate Shower, Stacked Bedrooms

Heating Central, Electric

Cooling Central Air, Electric, Other, Zoned

Flooring Ceramic Tile, Laminate, Tile

Equipment Other

Furnishings Unfurnished

Fireplace No

Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Lighting, Outdoor Living Area, Room For Pool

Parking Features Circular Driveway, Driveway

Fence Fenced

Community Features Street Lights

Utilities Available Cable Available

Amenities Available None, Sidewalks

View Y/N Yes

Water Access Desc Public

View Garden

Roof Type Shingle

Porch Porch

Road Frontage Public Road

Garage No

Private Pool No

Building

Lot Description Fruit Trees

Faces Northwest

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Outbuilding, Shed(s)

Unit Floor 1

Structure Type Block

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Henry M. Flagler

Middle Schools Kinloch Park

High Schools South Miami

Others

Pets Allowed Yes

Senior Community No

Restrictions No Restrictions

Tax ID 0141060660070

Acceptable Financing Cash, Conventional, FHA

Membership Fee Required false

Listing Terms Cash, Conventional, FHA

Pets Allowed Yes

Virtual Tour https://my.matterport.com/show/?m=vuvUw3C8Gix&mls=1

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BeachesMLS, Inc. (FLR) IDX
Listed by Malgorzata Sadowska Keller Williams Capital Realty

NEARBY SCHOOL & BUSINESS

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Graceann Tinney

Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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321 NW 56th AVE

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