35 NW 57th Street, Miami, FL 33127 (MLS# A12017349)

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

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 portfo ...

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
IDX
Listing Office: Coldwell Banker Realty
Last Updated: July - 17 - 2026
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