Overview
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.
Virtual Tour
Address
- Street321 56th Av
- CityMiami
- SubdivisionIDEAL HOMES SUB NO 7
- CountyMiami-Dade County
- StateFL
- Zip33126
- MLS #A12035229
Interior
- AppliancesDishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Other Equipment/Appliances, Refrigerator, Washer
- Bathrooms Full3
- Bathrooms Half0
- Bathrooms Total Integer3
- Bedrooms Total4
- CoolingCentral Air, Electric, Other, Zoned
- CoolingYes
- Door FeaturesHigh Impact Doors
- FlooringCeramic Floor, Tile
- FurnishedUnfurnished
- HeatingCentral, Electric
- HeatingYes
- Interior FeaturesFirst Floor Entry, Built-in Features, Closet Cabinetry, Other, Split Bedroom, Stacked Bedroom, Volume Ceilings, Attic, Family Room, Utility Room/Laundry
- Laundry FeaturesUtility Room/Laundry
- Living Area1,345
- Living Area UnitsSquare Feet
- Rooms Total0
- Window FeaturesClear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
Exterior
- Carport Spaces0
- Covered Spaces0
- Direction FacesNorthwest
- Exterior FeaturesLighting, Fruit Trees, Room For Pool
- FencingFenced
- Garage Spaces0
- Lot FeaturesLess Than 1/4 Acre Lot
- Lot Size Square Feet6,760
- Lot Size UnitsSquare Feet
- Open ParkingYes
- Other StructuresExtra Building/Shed, Shed(s)
- Parking FeaturesCircular Driveway, Driveway
- Patio And Porch FeaturesOpen Porch
- RoofShingle
- ViewGarden
- ViewYes
Structure
- Architectural StyleDetached, One Story
- Building Area SourceAppraisal
- Building Area Total1,702
- Building Area UnitsSquare Feet
- Building NameIDEAL HOMES SUB NO 7
- Construction MaterialsConcrete Block Construction
- Property ConditionCompletely Renovated
- Structure TypeR30-No Pool/No Water, House
- Year Built1955
- Year Built DetailsEffective Year Built
Utilities
- SewerPublic Sewer
- Water SourceMunicipal Water
Financial
- Other Expense0
- Parcel Number01-41-06-066-0070
- Public Survey Range41
- Public Survey Section6
- Public Survey Township41
- Tax Annual Amount8,674
- Tax Legal DescriptionIDEAL HOMES SUB NO 7 PB 61-13 LOT 7 BLK 1 LOT SIZE 65.000 X 104
- Tax Year2025
- Zoning5700
Schools
- Elementary SchoolFlagler; Henry M.
- High SchoolSouth Miami
- Middle Or Junior SchoolKinlock Park
Location
- Community FeaturesNone, Public Road, Sidewalks, Street Lights
- County Or ParishMiami-Dade County
- MLS Area MajorIdeal Homes Sub No 7
- Postal Code33126
- Postal Code Plus44923
- Street Direction PrefixNW
- Street Name56th Av
- Street Number321
- Street Number Numeric321
- Subdivision NameIDEAL HOMES SUB NO 7
- Unparsed Address321 NW 56th Av, Miami FL 33126
Listing Info
- Contract Status Change DateJuly 2, 2026
- Days On Market47
- Expiration DateDecember 23, 2026
- List AORA-Miami Association of REALTORS
- List Agent Direct Phone305-204-2462
- List Agent EmailMaggie@MegaLuxeHomes.com
- List Agent Full NameMalgorzata Sadowska
- List Agent Key3c676e1db2afac384abdf9e58f284b58
- List Agent MLS ID3313909
- List Agent Office Phone305-662-7325
- List Agent State License3313909
- List Office Fax305-667-8879
- List Office Key958b5df7b06b6158d995deab0da40c6d
- List Office MLS IDKWCG01
- List Office NameKeller Williams Capital Realty
- List Office Phone305-662-7325
- List Price770,000
- Listing AgreementExclusive Agency
- Listing Contract DateJuly 2, 2026
- Listing IDA12035229
- Listing Key02c023a5d25fb1d636d347519f9b92b6
- Listing TermsAll Cash, Conventional, FHA
- Major Change TimestampAugust 24, 2026
- Major Change TypePrice Decrease
- MLS StatusActive
- Modification TimestampAugust 25, 2026
- On Market DateJuly 2, 2026
- Original Entry TimestampJuly 3, 2026
- Original List Price800,000
- Originating System IDmiamire
- Originating System Keymiamire
- Originating System NameMiami Association of REALTORS®
- Photos Change TimestampJuly 3, 2026
- Photos Count40
- PossessionFunding
- Previous List Price800,000
- Price Change TimestampAugust 24, 2026
- Showing InstructionsAppointment Only,See Broker Remarks,Showing Assist
- Source System Key511161688
- Status Change TimestampAugust 22, 2026
- Syndication RemarksINVESTORS & 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 & Amenities
- Attic
- Built-in Features
- Central
- Central Air
- Ceramic Floor
- Circular Driveway
- Closet Cabinetry
- Dishwasher
- Driveway
- Dryer
- Electric
- Electric Range
- Electric Water Heater
- Family Room
- First Floor Entry
- Fruit Trees
- Garden
- Less Than 1/4 Acre Lot
- Lighting
- Microwave
- None
- Other
- Other Equipment/Appliances
- Public Road
- Refrigerator
- Room For Pool
- Sidewalks
- Split Bedroom
- Stacked Bedroom
- Street Lights
- Tile
- Utility Room/Laundry
- Volume Ceilings
- Washer
- Zoned
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Malgorzata Sadowska
Listing Agent · Keller Williams Capital Realty
Get in touch
Office · 305-662-7325
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