Active

259 NE 57th St

Miami, FL 33137

$525,000 $2,213/Mo

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Overview

Bed

Bath

840

Sqft

5,000

Sqft(Lot)

Description

Exceptional opportunity to invest in Miami’s rapidly evolving Innovation District! This generously sized lot offers the perfect canvas to build your dream duplex, or take advantage of the existing structure as a covered land play while your investment appreciates. Ideally positioned near the transformative Magic City development, a forthcoming multi-billion-dollar project, this property also enjoys close proximity to the vibrant dining and retail scene of Little River, 55th Street Station, and Morningside Bayfront Park. Just minutes away, you’ll find the Design District, Midtown, and Wynwood, placing some of Miami’s most sought-after destinations at your doorstep. Please note: Rendering is for marketing purposes only. Investment highlight: Current tenant pays $1,900/month in rent.

Property Details

Property Type : Residential

Price : $525,000

AD Id : 79793142

MLS Id : A12028461

Beds : 2

Lot Size : 5,000 Sqft

Living Area Size : 840

Year Built : 1932

County : Miami-Dade

Subdivision: Dixie

Map

Features

Bedroom Information

Total beds: 2

Bathroom Information

Total Baths: 1 Full Baths: 1

Roofing Information

Shingle

Flooring Information

Hardwood, Vinyl, Wood
Interior Features

BedroomOnMainLevel, EntranceFoyer, FirstFloorEntry, Fireplace, Attic

Roof: Shingle

Appliances: SomeGasAppliances, Refrigerator
Heating & Cooling

Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

Building Information

Year Built: 1932

Building Area Total: 952

Construction Materials: Frame, Other, Stucco, WoodSiding

Stories: 1

Pool Features: None

Private Pool: No

View: Garden
Exterior Features

Exterior Features: Awnings

Lot Information

Main Square Feet: 5000 Lot Size Square Feet: 5,000 Lot Description: LessThanQuarterAcre

Property Information

Subdivision: DIXIE HIGHWAY TRACK Source Property Type: Residential Postal Code Plus 4: 2540 Zoning Description: 5700 Property SubType: Single Family Residence Direction Faces: South Property Age: 94

Listing Price Information

Listing Price: $525000

Cash, Conventional, FHA, Other

Tax Information

Parcel Number: 01-31-13-065-1310 Tax Year: 2025 Annual Tax: $3002 Tax Legal Desc: DIXIE HIGHWAY TR PB 5-24 LOT 22 BLK 9 LOT SIZE 50.000 X 100 OR 9210 702 COC 25656-0040 /42/44/46 0507 5

Virtual Tour

Virtual Tour (External Link)

Parking Information

Driveway

Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
420 NE 55th Ter, Miami, FL, 33137	$2,499,000	4	4	2,706	2,706 SqFt
31 NE 46th St, Miami, FL, 33137	$1,800,000	3	4	2,006	2,006 SqFt
4725 NE Miami Ct, Miami, FL, 33137	$825,000	2	1	1,081	1,081 SqFt
503 NE 61st St, Miami, FL, 33137	$1,020,000	3	3	2,181	2,181 SqFt
547 NE 57th St, Miami, FL, 33137	$6,800,000	5	6	4,658	4,658 SqFt
520 NE 53rd St, Miami, FL, 33137	$6,550,000	6	6	--
5934 NE 4th Ct, Miami, FL, 33137	$2,873,620	4	4	3,719	3,719 SqFt
5261 NE 5th Ave, Miami, FL, 33137	$6,250,000	5	6	4,142	4,142 SqFt
670 NE 56th St, Miami, FL, 33137	$1,500,000	2	2	1,547	1,547 SqFt
37 NE 44th St, Miami, FL, 33137	$1,270,000	3	3	1,624	1,624 SqFt

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ByOwner last updated this listing 06/05/2026 @ 18:09

MLS: A12028461 LISTED BY: Free Valente, Coldwell Banker Realty 305-672-6300 SOURCE: SEFMIAMI