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!
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!
Property Details
Price:
$580,000
MLS #:
A12017349
Status:
Pending
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Subdivision:
BISCAYNE AVE TRACT
Neighborhood:
biscayneavetract
Listed Date:
May 12, 2026
Finished Sq Ft:
1,414
Total Sq Ft:
1,585
Year Built:
1938
Units:
3
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Other
Heating
Central
Exterior
Architectural Style
Detached
Construction Materials
Frame, Frame With Stucco
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
4
Parking Total
4
Roof
Other, Shingle
Stories
1
Financial
Tax Year
2025
Taxes
$9,122
Map
Community
- Address35 NW 57th St Miami FL
- SubdivisionBISCAYNE AVE TRACT
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
Subdivisions in Miami
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 159 NE 6TH STREET CONDO
- 17TH AVE MANOR
- 1800 CLUB CONDO
- 7TH ADDN TO RICHMOND HEIG
- 801 SMA RESIDENCES CONDO
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- COMFORT GARDENS
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JADE WINDS GROUP BAMBOO GARDENS CONDO
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- MAJORCA ISLES III CONDO
- MILON VENTURE
- NORTH DADE COUNTRY CLUB VILLAG
- RALPH PLAZA II CONDO
- RANDALL PARK
- ROLLING GREEN CONDO
- ROYAL GLEN
- SIERRA
- SWEETWATER ESTATES SUB
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WEST MIAMI SHORES SEC B
- WESTCHESTER PT 01
Market Summary
Current real estate data for Multi Family in Miami as of Jun 15, 2026
511
Multi Family Listed
158
Avg DOM
467
Avg $ / SqFt
$1,130,566
Avg List Price
Property Summary
- Located in the BISCAYNE AVE TRACT subdivision, 35 NW 57th St Miami FL is a Multi Family for sale in Miami, FL, 33127. It is listed for $580,000 To schedule a showing of MLS#a12017349 at 35 NW 57th St in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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