Corner Duplex with Two 2BR
1100 Northwest 57th Street Miami, FL 33127
For Sale
$585,000
Duplex on a corner lot with two 2-bedroom, 1-bath units and recent updates including plumbing improvements.
Property Size1,860 SF
Price / SF$314.52
Days on Market52
Property Features for 1100 Northwest 57th Street
General Information
- Standard status
- Active
- Size
- 1,860 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1948
Listing Agency:
Keller Williams Eagle Realty
(305) 757-1700
Listed By:
Dana Dellacamera · License #3603558
(305) 757-1700
Source:
Compass
Added: Jun 2
Changed: Jul 21
Last Checked: Jul 23 at 9:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Eagle Realty
Investment Insights
Based on property information with market context.
This for-sale duplex is situated on a corner double-size lot and features two spacious 2-bedroom, 1-bath units. The property includes one unit that was renovated approximately three years ago, with an updated kitchen and flooring. Reported major improvements include updated plumbing in 2022, electrical upgrades, and a roof installed in 2008.
Located in Miami, the property is described as being convenient to major highways, shopping, dining, and schools, with access to Miami’s growing urban core.
As configured, the duplex provides two rental-ready living units under a multifamily duplex zoning designation noted as MULTIFAMILY DUPLEX in the provided information.
Located in Miami, the property is described as being convenient to major highways, shopping, dining, and schools, with access to Miami’s growing urban core.
As configured, the duplex provides two rental-ready living units under a multifamily duplex zoning designation noted as MULTIFAMILY DUPLEX in the provided information.
Key Highlights
- Duplex at 1100 & 1102 NW 57th St in Miami offers two 2‑bedroom, 1‑bath units.
- Corner double‑size lot with MULTIFAMILY DUPLEX zoning.
- Roof installed in 2008; updated plumbing in 2022.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.9k | $30.60 |
| − Vacancy | −$3.6k | −$1.95 |
| EGI | $53.3k | $28.65 |
| − OpEx | −$16.0k | −$8.60 |
| NOI | $37.3k | $20.06 |
1,860 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$532.9K
$466.3K – $621.7K
NOI $37,303 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$490.9K
$429.5K – $572.7K
NOI $34,361 @ 7.0% cap · market cap 5.87%
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.46M
NOI $87,886 @ 7.0% cap · market cap 15.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Smack'n'Shack
Restaurant
FAQs
What type of property is this?
Duplex - Duplex on a corner lot with two 2-bedroom, 1-bath units and recent updates including plumbing improvements.
Where is this duplex located?
The property is located at 1100 Northwest 57th Street Miami, FL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Duplex at 1100 & 1102 NW 57th St in Miami offers two 2‑bedroom, 1‑bath units.; Corner double‑size lot with MULTIFAMILY DUPLEX zoning.; Roof installed in 2008; updated plumbing in 2022.