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Monica Cataluña, CCIM, ALC

monica@koresrealty.com +1(954) 812-1831

$800,000

Est. payment - /mo

1,345 SqFt

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Open House

Sat Aug 01, 1:00pm - 3:00pm

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,345 sqft

Price per Sqft $594

Subdivision Ideal Homes Sub No 7

MLS Listing ID A12053829

HOA Y/N No

Year Built 1955

Annual Tax Amount $8,764

Tax Year 2025

Property Sub-Type Triplex

Property Description

INVESTORS; HOUSEHACKERS & HOMEBUYERS! 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.

Location

State FL

County Miami-dade

Community Ideal Homes Sub No 7

Area 41

Interior

Heating Central, Electric

Cooling Central Air, Electric, Other, Zoned

Flooring Ceramic Tile, Laminate, Tile

Window Features Impact Glass

Exterior

Exterior Feature Fence, Fruit Trees, Lighting, Porch, Room For Pool, Shed, Security/High Impact Doors

Pool None

Utilities Available Cable Available

Roof Type Shingle

Porch Open, Porch

Total Parking Spaces 7

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Others

Tax ID 01-41-06-066-0070

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.zillow.com/view-imx/8c0d3064-7de5-4e6e-aa8e-0aa09bde6d0e?setAttribution=mls&wl=true&initialViewType=pano

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Miami Association of Realtors (SEFMIAMI MLS)

Listed by Keller Williams Capital Realty

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

323 NW 56th Ave Miami, FL 33126

Monica Cataluña, CCIM, ALC

Open House

Key Details

Location

Interior

Exterior

Building

Others

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323 NW 56th Ave