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35 NW 57th St, Miami, FL, 33127

4beds
3baths
1,414sqft
$580,000
$410price/sqft
$4,304/moest. monthly cost
$172,160/yrincome needed

About This Home

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!

Getting Around

82
WalkingVery Walkable
52
TransitGood Transit
72
BikeVery Bikeable

Schools

3/10
3/10

Construction

Condition

  • Year built: 1938

Materials

  • Roof: Other,Shingle
  • Construction materials: Frame,Frame With Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Flooring: Other

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,585
  • Total interior livable area: 1,414 sqft

Property

Details

  • Parcel number: 0131130600491
  • Zoning: 5700

Features

  • Stories: 1

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 4