Multifamily in Miami, FL 33126
Westgate, 115 NW 56th Ave

$860K40.7%
$510,000
1,629
SqFt
Status
Sold - May 27, 2026
Size
1,629 SqFt (151 m2)
Price
$313/SqFt ($3,370/m2)
Type
Multifamily
Built
1947
MLS Number
A11930134
On Site
276 Days
Updated
17 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir, WallWindowUnits
        Building and Construction
        • Floor Description: CeramicTile
        • Windows/Treatment: ImpactGlass
        • Year Built: 1947
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-12-12T21:13:36.000-00:00
          Taxes, Fees & More
          • Taxes: 10219

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          Price History

          Current
          $510K
          High
          $860K
          Low
          $510K
          Total Change
          -40.7%
          $902K$685K$468KDec 25Jan 26Feb 26Apr 26Apr 26May 26
          Date
          Event
          Price
          Change
          Price Per
          05/27/2026
          Sold
          $510K
          0%
          $313 ft2
          $3,370 m2
          04/12/2026
          Price Reduced
          $510K
          -21.54%
          $313 ft2
          $3,370 m2
          04/12/2026
          Price Reduced
          $650K
          -13.33%
          $399 ft2
          $4,295 m2
          02/17/2026
          Price Reduced
          $750K
          -8.54%
          $460 ft2
          $4,956 m2
          01/27/2026
          Price Reduced
          $820K
          -4.65%
          $503 ft2
          $5,418 m2
          12/12/2025
          Listed
          $860K
           
          $528 ft2
          $5,683 m2
          05/27/2026
          $510K
          Event
          Sold
          Change
          0%
          Price Per
          $313 ft2
          $3,370 m2
          04/12/2026
          $510K
          Event
          Price Reduced
          Change
          -21.54%
          Price Per
          $313 ft2
          $3,370 m2
          04/12/2026
          $650K
          Event
          Price Reduced
          Change
          -13.33%
          Price Per
          $399 ft2
          $4,295 m2
          02/17/2026
          $750K
          Event
          Price Reduced
          Change
          -8.54%
          Price Per
          $460 ft2
          $4,956 m2
          01/27/2026
          $820K
          Event
          Price Reduced
          Change
          -4.65%
          Price Per
          $503 ft2
          $5,418 m2
          12/12/2025
          $860K
          Event
          Listed
          Price Per
          $528 ft2
          $5,683 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Olga Rosabal • Avanti Way Realty LLC • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          79

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          46

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          54

          100
          Sound Score®
          Very loud
          68

          100
          Airport Score
          Close to airports. Noticeable airport activity
          4

          100
          Traffic Score
          Congested area. Frequent traffic delays
          42

          100
          Local Score
          Limited local amenities nearby
          3

          100
          Community Snapshot
          $725K – $725K
          Price Tier
          1,346 - 2,244
          SqFt Range
          1958
          Year Build

          Miami
          Premium
          Premium Homes & Condos