Excellent investment opportunity in central Miami. Income-producing duplex at 115 NW 56th Ave, Miami, FL 33126 in a high-demand rental area. Currently generates approx. $5,500 / month, delivering immediate cash flow for investors. Minutes to Miami Internatio

115 NORTH WEST 56TH AVE #2, Miami

$750,000 USD
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Address115 NORTH WEST 56TH AVE #2, Miami
Building NameWESTGATE
Type of PropertyDuplex
Property StyleDuplex
Price$750,000
Previous Price$820,000 (43 days ago)
Property StatusActive
MLS NumberA11930134
Living Area1629
Year Built1947
Parking Space Number10
Folio Number01-41-06-015-0570
Zoning Information5700
Days on Market110

Detailed Description: Excellent investment opportunity in central Miami. Income-producing duplex at 115 NW 56th Ave, Miami, FL 33126 in a high-demand rental area. Currently generates approx. $5,500 / month, delivering immediate cash flow for investors. Minutes to Miami International Airport, Downtown Miami, and Coral Gables, with quick access to SR-836, I-95, and the Palmetto Expressway. Close to shopping, dining, schools, hospitals, employment hubs, and public transportation—strong tenant appeal and rental stability. Duplex layout offers multiple income streams, reduced vacancy risk, and flexible long-term rental strategy. Ideal buy-and-hold asset with income plus appreciation potential in a market with limited inventory.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33126
Address115 NORTH WEST 56TH AVE
Section6
Zip Code (4 Digits)4919
Financial Information
Price$750,000
Price per Foot$0
Previous Price$820,000
Folio Number01-41-06-015-0570
Tax Amount$10,219
Tax Year2024
Possession InformationFunding
Lender ApprovalApproved
Full Descriptions
Detailed DescriptionExcellent investment opportunity in central Miami. Income-producing duplex at 115 NW 56th Ave, Miami, FL 33126 in a high-demand rental area. Currently generates approx. $5,500 / month, delivering immediate cash flow for investors. Minutes to Miami International Airport, Downtown Miami, and Coral Gables, with quick access to SR-836, I-95, and the Palmetto Expressway. Close to shopping, dining, schools, hospitals, employment hubs, and public transportation—strong tenant appeal and rental stability. Duplex layout offers multiple income streams, reduced vacancy risk, and flexible long-term rental strategy. Ideal buy-and-hold asset with income plus appreciation potential in a market with limited inventory.
How to ReachFrom Miami International Airport: Take FL-836 W, exit at NW 57th Ave and turn right. Continue south, turn right on NW 7th St, then turn left on NW 56th Ave. Property will be on the right.
Roof DescriptionShingle
Floor DescriptionCeramic Floor
Cooling DescriptionCentral Air, Wall / Window Unit (s)
Heating DescriptionCentral
Sewer DescriptionPublic Sewer
Property parameters
Living Area1629
Zoning Information5700
Year Built1947
Type of PropertyDuplex
StyleDuplex
Building NameWESTGATE
Development NameWESTGATE
Construction TypeConcrete Block Construction,CBS Construction
Stories Number1.000
Street DirectionNorth West
Parking Space Number10
Listed withAvanti Way Realty LLC