RAILROAD SHOPS INTER SCHO

256 NW 57th St, Miami FL 33127

1,600 ft²

For Sale · Active Listing

$1,162,500

2.11%

Est. Payment $6,187/mo

MLS Sheet Video

1,600

Sq. Ft.

1971

Year Built

Stories

189

Days on Market

Description

Exceptional investment opportunity in the heart of Miami’s emerging Little Haiti corridor! This renovated duplex combines strong STR income performance with long-term redevelopment potential as T3-O zoning. Potential multifamily 2–9 units. Featuring 3 beautifully updated units, modern finishes, impact windows, 2 electric meters, and a newly landscaped yard with pool area, this property has delivered an impressive $150,134 in 2024 annual gross income and a great CAP Rate above 6%. Enjoy consistent bookings from short-term rentals while benefiting from revitalization and proximity to Wynwood, the Design District, and Midtown. An ideal turn-key asset for investors seeking cash flow + appreciation upside in one of Miami’s fastest-transforming neighborhoods.

Facts

MLS#: A11906273
Subdivision: RAILROAD SHOPS INTER SCHO
Property Type: Residential Income
Property Sub Type: Duplex
Year Built: 1971
Lot Size: 0 sqft
Sq. Ft.: 1,600 ft²
Sq. Mt.: 149 m²
Price per sq. ft.: $727/ft²
Price per sq. mt.: $7,802/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 189 days
Listed: Nov 3, 2025
Last Updated: May 12, 2026
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/26/2026	Price change	$1,162,500-2.1%
11/3/2025	Listed for sale	$1,187,500

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

256 NW 57th St, Miami FL 33127Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Charles David Wyche, Jr Elementary School
PK,KG,1,2,3,4,5 · public · 0.3 mi
North Dade Regional Academy
PK,KG · private · 0.5 mi
Gina Cumbie
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
Lake Stevens Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
All Stars Education Academy
KG,1,2,3,4,6,7,8,9,10,11,12 · private · 0.6 mi
Lake Stevens Middle School
6,7,8 · public · 0.6 mi
A Little College At Royal Oaks
PK,KG,1,2,3,4,5 · private · 0.7 mi
Little College At Ludlam C Corporation
PK,KG,1 · private · 0.7 mi
Joella Good Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
ACCELERATION ACADEMIES-CENTRAL MIAMI-7871
8,9,10,11,12 · public · 0.8 mi

Estimated Monthly Payment

$7,306/mo

Principal & Interest

$6,187

Property Tax

$969

Insurance

$150

HOA

Down Payment20% ($232,500)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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