35 NW 57th St, Miami FL 33127

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 portfolio or your future, this property delivers location, income, and upside all in one!

This triplex home located at 35 NW 57th St, Miami FL 33127 is currently for sale and it is a new listing on Brickellsold listed today. This property is listed at $580K. It has N/A beds, N/A bathrooms, and is 1414 square feet. It was built in 1938. 35 NW 57th St, Miami FL 33127 is in Miami county Miami-Dade County.