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1100 Northwest 57th Street, Miami, FL, 33127
Corner Duplex with Two 2BR Units

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
Listed By: Dana Dellacamera · License #3603558
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.

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 (±1% cap)
NOI $37,303 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$490.9K
$429.5K – $572.7K (±1% cap)
NOI $34,361 @ 7.0% cap · market cap 5.87%
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.46M (±1% cap)
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

Suggested Use

Dental Office Real Estate Agency Parking Lot & Garage Law Firm Bar & Pub Acupuncture (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

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.
More about this property
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