259 NE 57th Street, Miami, FL 33137

$525,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11586566

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 952 Status: Active

Current Price: $525,000 List Date: 6/01/2026 Last Modified: 6/16/2026

Overview

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.

Listing Details MLS# A12028461

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 2
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 952
Living Area Main: 840
Adjusted Area Main: 915
Year Built: 1932
Lot Size Area: 5000
Lot Size Acres: 0.11
Senior Community YN: No
Stories Total: Yes
Direction Faces: South
Fireplace YN: Yes
Pool Private YN: No

Property Features

Exterior Features: Awning(s) Flooring: Vinyl; Wood Parking Features: Driveway Appliances: Gas Range; Refrigerator Water Heater Details: Gas Water Heater Construction Materials: Frame; Stucco; Wood Siding; Other Cooling: Wall/Window Unit(s) Heating: Window/Wall Interior Features: Entrance Foyer Levels: One Listing Terms: Cash; Conventional; FHA; Other Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: Public Road Roof: Shingle Sewer: Public Sewer Special Information: Foreign Seller; Sold As-Is Tax Information: Tax Reflects No Exemptions View: Garden Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only Room Types: Attic; Den

Contract Information

Comp Sale YN: No
Original List Price: 525000
Occupant Type: Tenant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 259
Street Direction Prefix: NE
Street Name: 57th
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33137
Postal Code +4: 2540
Postal Zip: 33137
Subdivision Name: DIXIE HIGHWAY TRACK
Area: 2320
Middle Or Junior School: Jose De Diego
High School: Miami Edison
Parcel Number: 0131130651310
Subdivision Number: 65
Zoning: 5700
Flood Zone: X

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 3002
Tax Year: 2025
Tax Legal Description: 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

Status Change Information

Major Change Timestamp: 2026-06-01T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-02

More Information

Entry Information

Entry Level: Yes

Price Calculations

Current Price To SqFt: 625

Section Details

Parcel Number MLX: 1310

Originating Details

Originating System Key: 502690485
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Amenities

Street Lights: Yes

Exterior Features

Awning(s): Yes

Flooring

Vinyl: Yes
Wood: Yes

Parking Features

Driveway: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Information

Foreign Seller: Yes
Sold As-Is: Yes

View

Garden: Yes

Heating

Window/Wall: Yes

Appliances

Gas Range: Yes
Refrigerator: Yes

Construction Materials

Frame: Yes
Stucco: Yes
Wood Siding: Yes
Other: Yes

Interior Features

Entrance Foyer: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Other: Yes

Road Frontage Type

Public Road: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Water Heater Details

Gas Water Heater: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes

Master Bedroom/Bath

Master Bdrm - Ground: Yes

Restrictions

No Restrictions: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Room Types

Attic: Yes
Den: Yes

Room Information

Room Name
Attic
Den

Listing Office: Coldwell Banker Realty

Last Updated: June - 16 - 2026

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259 NE 57th Street, Miami, FL 33137 (MLS# A12028461)