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323 NW 56th Avenue, Miami, FL 33126
Active
77 Days on Market
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$770,000

323 NW 56th Avenue

Miami, FL 33126

IDEAL HOMES SUB NO 7

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

List price
$770,000
Price per sq ft
$572
Original price
$800,000
Days on market
77

This multi-family property in ZIP 33126 is listed at $770,000, or $572 per square foot. The asking price has come down 3.8% from its original $800,000. It has been on the market for 77 days.

0
Bedrooms
0
Bathrooms
1,345
Living Sq Ft
1955
Year Built

Estimated monthly payment

$4,047 /mo

Principal and interest only, based on $154,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$770,000
Days on Site
77 Days
Bedrooms
0
Total Baths
0
Living Area
1,345 sqft
Total Sq Ft
1,702 sqft
Year Built
1955
Property Type
Multi-Family
MLS #
A12053829
Property Tax
$8,764 (2025)
Subdivision
IDEAL HOMES SUB NO 7
Development
IDEAL HOMES SUB NO 7
County
Miami Dade
Status
Active

About This Property

INVESTORS-rented to excellent tenants! Pristine, fully updated compound in Miami’s urban core—5 mins to MIA and near Coral Gables, Brickell, Coconut Grove, Wynwood, 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, 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, it has a potential to generate a stable total cash flow of $7,500/mo, yielding a true 7.95% CAP rate. For Airbnb use, it is projected to gross $110K–$148K+/yr with 11.39% 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

General Features

Property Type
Multi-Family
Status
Active
Year Built
1955
Property Condition
Updated Remodeled
Number of Stories
1
Living Sq Ft
1,345
Total Sq Ft
1,702
Sewer
Public Sewer
Water Source
Public
Zoning
5700

Interior Features

Cooling
Central Air / Electric / Other / Zoned
Heating
Central / Electric
Flooring
Ceramic Tile / Laminate / Tile

Exterior Features

Construction
Block
Roof
Shingle
Exterior Features
Lighting / Outdoor Living Area / Room For Pool
Patio & Porch
Porch
Lot Features
Fruit Trees

Community & HOA

Utilities
Cable Available
Financing Terms
Cash / Conventional / FHA
MLS Area
2410

Schools

Elementary School
Henry M. Flagler
Middle School
Kinloch Park
High School
South Miami
Homes for Sale
2
Median List Price
$770,000
Median $/Sq Ft
$572
Avg Days on Market
85
View all 2 homes for sale in Ideal Homes →
How do I schedule a tour of 323 NW 56th Avenue, Miami, FL 33126?
Use the Tour button on this listing to request a showing of 323 NW 56th Avenue, Miami, FL 33126. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 323 NW 56th Avenue, Miami, FL 33126 still available?
323 NW 56th Avenue, Miami, FL 33126 is currently listed as Active, and has been on the market 77 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 323 NW 56th Avenue, Miami, FL 33126?
With 20% down ($154,000) on the $770,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 323 NW 56th Avenue, Miami, FL 33126 is about $4,047/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 323 NW 56th Avenue, Miami, FL 33126?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 323 NW 56th Avenue, Miami, FL 33126. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 323 NW 56th Avenue, Miami, FL 33126?
323 NW 56th Avenue, Miami, FL 33126 is zoned for Henry M. Flagler (elementary), Kinloch Park (middle), South Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 323 NW 56th Avenue, Miami, FL 33126?
Often, yes. The right offer on 323 NW 56th Avenue, Miami, FL 33126 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Keller Williams Capital Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 19, 2026.

$770,000

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Listed by Malgorzata Sadowska, Keller Williams Capital Realty

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