$770,000

321 NW 56TH AVE, MIAMI, FL 33126

4 beds3 baths1,345 sq ftHouseBuilt 1955
Updated today, November 3, 2026

This home against Flagami

$572 per sq ft, 31% over the Flagami median
74 days on the market
Price cut $30,000 since it was listed at $800,000
$8,674 in property taxes (2025)
6,970 sq ft lot

Flagami today: 87 homes for sale, median list price $659,000.

About this home

INVESTORS: rented to excellent tenants! Pristine, fully updated single-family compound in Miami’s urban core—5 mins to MIA & 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. Long-term leases: projected income is $6,200/mo, a 6.57% CAP rate. 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.

Zoned schools

Elementary: Henry M. Flagler Elementary School
Middle: Kinloch Park Middle School
High: South Miami Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Bay of Pigs Memorial Park, 0.3 mi
Grocery: Sedano's, 0.7 mi

Distances from the center of Flagami, MIAMI.

Listing courtesy of Keller Williams Capital Realty. MLS# A12035229.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed August 21, 2026.

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