Home > Florida > Miami > IDEAL HOMES SUB NO 7 > 321 NW 56th Av, Miami FL 33126

Single Family Residence for sale in IDEAL HOMES SUB NO 7

321 NW 56th Av, Miami FL 33126
List Price:$800,000
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Details

4
3
1702 Sq Ft
1955
  • List Price: $800,000
  • Description: Single Family Residence
  • City: Miami
  • Subdivision: IDEAL HOMES SUB NO 7
  • Annual Tax: $8,674
  • County: Miami-Dade County

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.

Features

Property Features

  • Cooling: Central Air,Electric,Other,Zoned
  • Heating: Central,Electric
  • Flooring: Ceramic Floor,Tile
  • Appliances: Dishwasher,Dryer,Electric Range,Electric Water Heater,Microwave,Other Equipment/Appliances,Refrigerator,Washer
  • Architectural Style: Detached,One Story
  • Roof: Shingle
  • Livingroom Features: Attic,Family Room,Utility Room/Laundry
  • Exterior Features: Open Porch

Additional Features

  • Exterior Features: Lighting,Fruit Trees,Room For Pool
  • Furnished: Unfurnished
  • View: Garden
  • Parking: Circular Driveway,Driveway
  • Lot: Less Than 1/4 Acre Lot
  • Interior Features: First Floor Entry,Built-in Features,Closet Cabinetry,Other,Split Bedroom,Stacked Bedroom,Volume Ceilings,Attic,Family Room,Utility Room/Laundry

Fees, Maintenance & Taxes

  • Tax Annual Amount: $0

School Information

  • County: Miami-Dade County
  • Elementary School: Flagler; Henry M.
  • Middle School: Kinlock Park
  • High School: South Miami

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