Pending

35 NW 57th St

Miami, FL 33127

$580,000 $2,445/Mo

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Overview

Bed

Bath

1,414

Sqft

Description

A prime investment opportunity in one of Miami’s fastest-growing neighborhoods. This income-producing property sits just minutes from Morningside, Wynwood, Edgewater, Midtown, and the Design District, placing you at the center of Miami’s top dining, art, and entertainment destinations, with quick access to major expressways and South Beach. The property is zoned Multifamily 2–9 Units (Duplex) and is currently operating as a triplex. It features three units: a 3 bed/1 bath, a 1 bed/1 bath, and an efficiency, offering immediate rental income and strong cash flow potential. The layout is ideal for investors or end-users looking to live in one unit while generating income from the others. Situated on a spacious lot with ample parking, the property offers valuable flexibility for future expans ion or redevelopment. Once the 3-bedroom unit is rented, the property has the potential to achieve up to a 9% cap rate, making this an exceptional opportunity. Whether you’re building your portfolio or your future, this property delivers location, income, and upside all in one!

Property Details

Property Type : ResidentialIncome

Price : $580,000

AD Id : 78437198

MLS Id : A12017349

Beds : 4

Living Area Size : 1,414

Year Built : 1938

County : Miami-Dade

Subdivision: Biscayne Ave

Map

Features

Interior Features

Roof: Other, Shingle
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1938

Building Area Total: 1585

Construction Materials: Frame, Stucco

Stories: 1

Pool Features: None

Private Pool: No

Lot Information

Lot Description: LessThanQuarterAcre

Property Information

Subdivision: BISCAYNE AVE TRACT Source Property Type: ResidentialIncome Postal Code Plus 4: 1611 Zoning Description: 5700 Property SubType: Triplex Levels: One Property Age: 88

Listing Price Information

Listing Price: $580000

Cash, Conventional

Tax Information

Parcel Number: 01-31-13-060-0491 Tax Year: 2025 Annual Tax: $9122 Tax Legal Desc: 13 53 41 BISCAYNE AVE TR PB 3-195 LOT 44 BLK 3 LOT SIZE 50.000 X 130 OR 21062-1832 02 2003 1

Parking Information

Parking Total: 4

Utility Information

CableNotAvailable
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
118 NW 24th St, Miami, FL, 33127	$3,475,000	--	1	2,983	2,983 SqFt
270 NW 35th St, Miami, FL, 33127	$950,000	2	2	900	900 SqFt
5731 - 5733 NW 6th Ave, Miami, FL, 33127	$539,000	--	--	1,236	1,236 SqFt
844 NW 29th St, Miami, FL, 33127	$650,000	4	2	1,354	1,354 SqFt
584 NW 30th St, Miami, FL, 33127	$1,590,000	2	1	2,816	2,816 SqFt
800 NW 29th Ter, Miami, FL, 33127	$1,100,000	6	3	1,814	1,814 SqFt
5130 - 5140 NW 5th Avenue, Miami, FL, 33127	$3,375,000	12	12	5,800	5,800 SqFt
166 NW 41st St, Miami, FL, 33127	$1,375,000	4	4	1,605	1,605 SqFt
120 NW 32, Miami, FL, 33127	$1,150,000	5	4	1,654	1,654 SqFt
5428 NW 3rd Ave, Miami, FL, 33127	$1,450,000	4	2	2,830	2,830 SqFt

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ByOwner last updated this listing 06/09/2026 @ 06:07

MLS: A12017349 LISTED BY: Maria Pena, Coldwell Banker Realty 305-253-2800 SOURCE: SEFMIAMI