A prime investment opportunity in one of Miamis 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 Miamis 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 youre building your portfolio or your future, this property delivers location, income, and upside all in one!
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 305-253-2800
Shown By
Agent Name: Jessica Perez
Agent Phone: Cell: (954) 263-7441
Agency Title: Realty 100
Estimated Payment
$ 2,220.16 per month $1,290.83 Principal & Interest $760.17 Property Tax $169.17 Homeowner's Insurance
35 NW 57th St | MLS# A12017349
This multi-family property located at 35 NW 57th St , Miami, FL 33127 is currently listed for sale with an asking price of $580,000. Search Miami real estate on jperez.realty100.com today.