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ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12035229
$770,000

321 NW 56th Avenue, Miami, FL 33126

Beds
4
Baths
3
Sqft
1,345
Est. payment$5,103/mo
Home type
Single Family Residence
Year built
1955
Lot size
6,970 sqft
Price / sqft
$572
HOA
$0/mo
Community
IDEAL HOMES SUB NO 7

Property description

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.

Listing activity

Days on market
89
Listed
Jul 2, 2026
MLS listing updated
5 hours ago
Feed last checked
2 minutes ago

Listed by Malgorzata Sadowska · Keller Williams Capital Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
4
Bathrooms
3
Bathrooms (decimal)
3
Full bathrooms
3
Half bathrooms
0

Rooms & features

Rooms
3
Interior features
Bedroom Layout - Split, Bedroom Layout - Stacked, Built-in Features, Closet Cabinetry, High Ceilings, Other
Flooring
Ceramic Tile, Laminate, Tile
Appliances
Electric Water Heater, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Other
Furnished
Unfurnished
Other equipment
Other

Heating & cooling

Heating
Central, Electric
Cooling
Central Air, Electric, Zoned, Other
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
Circular Driveway, Driveway
Attached garage
No

Exterior

Stories
1
Building area
1,702 sqft
Entry level
1
Patio & porch
Porch - Open, Porch
Exterior features
Lighting
Fencing
Fenced
Other structures
Outbuilding, Shed(s)
Pool
No
View
Garden
Waterfront property
No

Lot

Lot size
6,970 sqft
Lot size (acres)
0.16 acres
Lot dimensions
6760
Lot features
Fruit Tree(s), Room for Pool
Zoning
5700
Road frontage
Public Road
Construction

Type & style

Home type
Single Family Residence
Year built
1955
New construction
No

Materials

Construction
Block
Roof
Shingle
Property condition
Updated/Remodeled
Levels
One
Faces
Northwest
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available
Community & HOA

Community

Subdivision
IDEAL HOMES SUB NO 7
MLS area
2410
Pets allowed
Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Amenities
Sidewalks, Street Lights, None
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33126
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12035229
Possession
Negotiable
Original list price
$800,000
Parcel number
0141060660070
Annual property tax
$8,674
Tax year
2025
Tax legal description
IDEAL HOMES SUB NO 7 PB 61-13 LOT 7 BLK 1 LOT SIZE 65.000 X 104
Additional MLS details

Reported by the listing source

Association Amenities
Sidewalks, Street Lights, None
Association
No
Bathrooms Total Decimal
3
Bathrooms Total Integer
3
Building Area Total
1702
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
89
Direction Faces
Northwest
Elementary School
Henry M. Flagler
High School
South Miami
List Price
770000
Listing Contract Date
2026-07-02
Living Area
1345
Lot Size Acres
0.16
Lot Size Area
6760
Lot Size Dimensions
6760
MLSArea Major
2410
Middle Or Junior School
Kinloch Park
Mls Status
Active
On Market Date
2026-08-22
Patio And Porch Features
Porch - Open, Porch
Photos Count
39
Postal Code
33126
Price Change Timestamp
2026-08-24T15:36:26Z
Property Sub Type
Single Family Residence
Property Type
Residential
Road Frontage Type
Public Road
Rooms Total
3
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-08-22T05:15:32Z
Stories Total
1
Subdivision Name
IDEAL HOMES SUB NO 7
Water Source
Public
Tax Annual Amount
8674
Bathrooms Full
3
Pool Private
No
Bedrooms Total
4
Waterfront
No
Bathrooms Half
0

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jul 2, 2026ListedMIAMI REALTORS® MLS$800,000$595/sqft
Aug 24, 2026Price reducedMIAMI REALTORS® MLS$770,000$572/sqft

Public tax history

YearProperty taxesAssessment
2025$8,674—

Payment calculator

Estimated monthly payment$5,103/moIllustrative estimate, not a loan offer.
Principal & interest
$3,995
Property taxes
$723
Insurance
$385
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

IDEAL HOMES SUB NO 7

Miami · Miami-Dade County · 33126

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Henry M. FlaglerElementary
—
Kinloch ParkMiddle
—
South MiamiHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Keller Williams Capital Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.