321 NW 56th Av, Miami FL 33126

Discover a fully updated single-family residence in the Ideal Homes Sub No 7 subdivision, located in Miami-Dade County’s urban core. Built in 1955 and thoughtfully renovated, this detached, one-story home offers 1,345 square feet of living space on a generous 6,760-square-foot lot. The property is unfurnished and combines comfortable living with excellent investment potential.

The primary residence features three bedrooms and one bathroom, with a bright open layout, first-floor entry, split-bedroom design, built-in features, closet cabinetry, volume ceilings, and a spacious family room. An attic and utility room/laundry area add practical storage and convenience. The updated kitchen includes ceiling-height cabinetry, dishwasher, dryer, electric range, electric water heater, microwave, refrigerator, washer, and other equipment and appliances. Central, electric, zoned, and additional cooling features, along with central electric heating, provide year-round comfort.

The garden-view exterior is enhanced by decorative lighting, fruit trees, luxury travertine tile accents, a secure side gate, and room for a pool. A circular driveway and additional driveway provide parking for up to seven vehicles, with space for a boat. There is also a separate 90-square-foot unfinished side storage room with potential for expanded living or income-producing space.

Flexible separate living quarters make this property appealing to investors, extended families, or buyers seeking guest accommodations. The home is located just five minutes from Miami International Airport and near Coral Gables, Brickell, Coconut Grove, Wynwood, the cruise terminal, and Miami’s famous beaches. Long-term leases are projected at $6,200 per month, representing an estimated 6.57% CAP rate. Airbnb use is projected to gross $90,000–$120,000 or more annually, with an estimated 10.47% CAP rate, subject to applicable regulations and market conditions.

Residents enjoy Miami’s warm, sunny climate, beautiful beaches, vibrant dining and entertainment, major employment centers, convenient transportation, and well-connected infrastructure. Nearby schools include Flagler; Henry M. Elementary, Kinlock Park Middle School, and South Miami High School. The community offers public roads, sidewalks, and street lighting.

For more information about 321 NW 56th Av, Miami FL 33126, call or text +1 786.468.4380 (Tel/WhatsApp).