$800,000
Miami, FL 33126
MLS# A12053829
1702 sqft
1 / 40
Open House (08/01/2026 - 1:00 pm - 3:00 pm)
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.
Details
Contract Information
Comp Sale YN: No
Listing Date: 2026-07-16
Status: Active
Original List Price: 800000
List Price: $800,000
Current Price: $800,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33126
Development Name: IDEAL HOMES SUB NO 7
Subdivision Number: 66
Flood Zone: X
Country: United States
Street Number: 323
Street Direction Prefix: NW
Street Name: 56th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33126
Postal Code +4: 4923
Subdivision Name: IDEAL HOMES SUB NO 7
Area: 2410
Elementary School: Henry M. Flagler
Middle Or Junior School: Kinloch Park
High School: South Miami
Parcel Number: 0141060660070
Zoning: 5700
General Property Information
Number Of Units Total: 3
Adjusted Area Main: 1354
Living Area Main: 1345
Parking Total: 7
Outdoor Living Spaces YN: Yes
Stories Total: 1
Pool Private YN: No
Property Sub Type: Triplex
Building Area Main: 1702
Year Built: 1955
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 8764
Tax Year: 2025
Tax Legal Description: IDEAL HOMES SUB NO 7 PB 61-13 LOT 7 BLK 1 LOT SIZE 65.000 X 104
Office/Member Information
DXORIGMLSID: SEF
Exterior Features
Lighting: 1
Flooring
Ceramic Tile: 1
Laminate: 1
Tile: 1
Property Condition
Updated/Remodeled: 1
Documents Available
Equipment Lists: 1
Financial Statement: 1
Investment Analysis: 1
Fencing
Fenced: 1
Other Structures
Outbuilding: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Electric: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Lot Features
Fruit Tree(s): 1
Room for Pool: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 6200
Cooling
Central Air: 1
Electric: 1
Zoned: 1
Other: 1
Showing Requirements
Appointment Only: 1
Showing Service: 1
Storm Protection
Impact Glass: Complete
Outdoor Living Spaces
Porch: 1
Porch Details
Porch - Open: 1
Unit 1 Details
Actual Rent: 1300
Baths Full: 1
Efficiency YN: Yes
Unit 1 Lease Description
Occupant Type: Vacant
Unit 1 Parking Features
Parking Space: 1
Unit 2 Details
Actual Rent: 1400
Baths Full: 1
Efficiency YN: Yes
Unit 2 Lease Description
Occupant Type: Vacant
Unit 2 Parking Features
Parking Space: 1
Unit 3 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Other: 1
Unit 3 Details
Actual Rent: 3500
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Unit 3 Lease Description
Occupant Type: Vacant
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
Open Parking: 1
Unit 3 Patio/Porch
Patio/Porch: 1
Price Calculations
Current Price To SqFt: 594.79
Section Details
Parcel Number MLX: 0070
Status Change Information
Major Change Timestamp: 2026-07-16T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-16
Originating Details
Originating System Key: 531526914
Originating System ID: M00000151
Property Features
Documents Available: Equipment Lists; Financial Statement; Investment Analysis
Exterior Features: Lighting
Fencing: Fenced
Flooring: Ceramic Tile; Laminate; Tile
Property Condition: Updated/Remodeled
Construction Materials: Block
Cooling: Central Air; Electric; Zoned; Other
Heating: Central; Electric
Listing Terms: Cash; Conventional; FHA
Lot Features: Fruit Tree(s); Room for Pool
Other Structures: Outbuilding
Possession: Negotiable
Roof: Shingle
Sewer: Public Sewer
Utilities: Cable Available
Water Source: Public
Showing Requirements: Appointment Only; Showing Service
Outdoor Living Spaces: Porch
Porch Details: Porch - Open
Unit 1 Parking Features: Parking Space
Unit 2 Parking Features: Parking Space
Unit 3 Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer; Other
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Open Parking
Listing Office: Keller Williams Capital Realty
Last Updated: July - 29 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

