321 NW 56th Avenue Miami, FL 33126
4 Bedroom, 1,345 Sqft, Single Family Residence
AGENT'S REMARKS ABOUT 321 NW 56TH AVENUE
INVESTORS & HOMEBUYERS! Pristine, fully updated single-family compound in Miamis urban core5 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 chefs 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 DETAILS
- Property Type: Single Family Residence
- Approx Living Area: 1,345 SqFt
- Total Bedrooms: 4
- Bathrooms: 3 Full
- Year Built: 1955
- Lot Size: 6,760 SqFt
- Acreage: Fruit Tree(s), Room for Pool
- Stories: 1
- Parking Type: Circular Driveway, Driveway
- Interior: Built-in Features, High Ceilings, Other, Bedroom Layout - Split, Bedroom Layout - Stacked, Closet Cabinetry
- Other Appliances: Electric Water Heater, Dryer, Dishwasher, Electric Range, Microwave, Other, Refrigerator, Washer
- Flooring: Ceramic Tile, Laminate, Tile
- Roof: Shingle
- Age Restrictions: No
- Total Floors in Building: 1
- House Faces/Primary View: Northwest
- Construction: Block
- Exterior Description: Lighting
- Cooling System: Central Air, Electric, Other, Zoned
- Heating: Central, Electric
- Utility Information: Cable Available
- Furnished: Unfur
- Pets Allowed: Yes
- County: Miami-Dade
- Area: 2410
- Subdivision: IDEAL HOMES SUB NO 7
- Community: ideal homes sub no 7
- Community Features: None, Sidewalks, Street Lights
- Age Restricted: No
- Annual Property Taxes: $8,674
- Elementary School: Henry M. Flagler
- Junior High School: Kinloch Park
- High School: South Miami
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SIMILAR LISTINGS NEAR 321 NW 56TH AVENUE
Listing courtesy of Keller Williams Capital Realty 08.09.2026
If you are interested in this property at 321 NW 56th Avenue or any other properties in Miami please contact The Rucco Group at (561) 737-0366.





