35 NW 57th Street, Miami, FL 33127
$540,000
Property Type:
Residential Income
Square Footage:
1,585
Status:
Closed
Current Price:
$540,000
List Date:
5/12/2026
Last Modified:
7/17/2026
Overview
Description
...
(Read more)
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 expansion 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!
Listing Details MLS# A12017349
General Property Information
- Number Of Units Total
- 3
- Property Sub Type
- Triplex
- Building Area Main
- 1585
- Living Area Main
- 1414
- Adjusted Area Main
- 949
- Year Built
- 1938
- Parking Total
- 4
- Stories Total
- Yes
- Pool Private YN
- No
Property Features
Documents Available:
Deposit - Security
Flooring:
Laminate; Other
Property Condition:
Resale
Construction Materials:
Frame; Stucco
Cooling:
Central Air
Heating:
Central; Separate Meters
Listing Terms:
Cash; Conventional
Possession:
Negotiable
Roof:
Shingle; Other
Sewer:
Public Sewer
Utilities:
Cable Not Available
Water Source:
Public
Showing Requirements:
Call Listing Agent; Showing Service
Unit 1 Parking Features:
Open Parking
Unit 2 Parking Features:
Open Parking
Unit 3 Parking Features:
Open Parking
Contingencies:
None
Contract Information
- Comp Sale YN
- No
- Original List Price
- 580000
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 35
- Street Direction Prefix
- NW
- Street Name
- 57th
- Street Suffix
- Street
- City Name
- Miami
- Municipal Code
- Yes
- State Or Province
- FL
- Postal Code
- 33127
- Postal Code +4
- 1611
- Postal Zip
- 33127
- Subdivision Name
- BISCAYNE AVE TRACT
- Area
- 2310
- Middle Or Junior School
- Jose De Diego
- High School
- Miami Edison
- Parcel Number
- 0131130600491
- Subdivision Number
- 60
- Zoning
- 5700
- Flood Zone
- X
Financial Information
- Tax Annual Amount
- 9122
- Tax Year
- 2025
- Tax Legal Description
- 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
- Estimated Monthly Assoc Recurring Fee
- 0
Status Change Information
- Major Change Timestamp
- 2026-07-10T04:00:00Z
- Major Change Type
- Status Change
- Status Change Date
- 2026-07-17
- Under Contract Date
- 2026-05-30
- Close Date
- 2026-07-10
- Close Price
- 540000
- Buyer Financing
- Conventional
More Information
Income and Expenses
- Gross Income
- 2600
Unit 1 Details
- Baths Full
- Yes
- Efficiency YN
- No
Unit 1 Lease Description
- Occupant Type
- Vacant
Unit 2 Details
- Actual Rent
- 1400
- Baths Full
- Yes
- Efficiency YN
- No
Unit 2 Lease Description
- Currently Leased YN
- Yes
Unit 3 Details
- Actual Rent
- 1200
- Baths Full
- Yes
- Efficiency YN
- Yes
Unit 3 Lease Description
- Lease Term
- Month To Month
Buyer Details
- Intended Use
- Unknown/Withheld
Concessions
- Seller Concessions
- No
Price Calculations
- Current Price To SqFt
- 381.89
Section Details
- Parcel Number MLX
- 0491
Originating Details
- Originating System Key
- 473516080
- Originating System ID
- M00000151
Office/Member Information
- DXORIGMLSID
- SEF
Flooring
- Laminate
- Yes
- Other
- Yes
Property Condition
- Resale
- Yes
Documents Available
- Deposit - Security
- Yes
Possession
- Negotiable
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Cable Not Available
- Yes
Heating
- Central
- Yes
- Separate Meters
- Yes
Construction Materials
- Frame
- Yes
- Stucco
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Roof
- Shingle
- Yes
- Other
- Yes
Water Source
- Public
- Yes
Cooling
- Central Air
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Showing Service
- Yes
Contingencies
- None
- Yes
Unit 1 Parking Features
- Open Parking
- Yes
Unit 2 Parking Features
- Open Parking
- Yes
Unit 3 Parking Features
- Open Parking
- Yes
Listing Office:
Coldwell Banker Realty
Last Updated: July - 17 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.