Corner Duplex with Two
1100 NW 57th St Miami, FL 33127
For Sale
Contact for pricing
For sale duplex on a corner double-size lot featuring two 2-bedroom, 1-bath units.
Property Size2,152 SF
Price / SF$278.81
Days on Market50
Property Features for 1100 NW 57th St
General Information
- Standard status
- Active
- Size
- 2,152 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1948
Listing Agency:
Keller Williams Eagle Realty
(786) 285-9243
Listed By:
Dana DellaCamera · License #3603558
Source:
Crexi
Added: Jun 5
Changed: Jul 23
Last Checked: Jul 23 at 10:09AM
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 duplex offers two separate residential units, each configured as 2 bedrooms and 1 bathroom. The property is positioned on a corner double-size lot and includes updates across multiple building systems. One unit was renovated approximately three years ago with an updated kitchen and flooring. Major improvements include updated plumbing in 2022, electrical upgrades, and a roof installed in 2008.
The duplex is located near major highways and is described as convenient to shopping, dining, and schools within Miami’s growing urban core.
With two living units on-site and a multifamily zoning classification for 2 living units (MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS), the property can support traditional rental operations or owner-occupancy with income from the second unit, as described in the remarks.
The duplex is located near major highways and is described as convenient to shopping, dining, and schools within Miami’s growing urban core.
With two living units on-site and a multifamily zoning classification for 2 living units (MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS), the property can support traditional rental operations or owner-occupancy with income from the second unit, as described in the remarks.
Key Highlights
- Duplex on a corner double‑size lot with two 2‑bedroom, 1‑bath units
- Zoned MULTIFAMILY 2‑9 UNITS : 2 LIVING UNITS
- One unit renovated about 3 years ago with updated kitchen and flooring
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 | $65.9k | $30.60 |
| − Vacancy | −$4.2k | −$1.95 |
| EGI | $61.7k | $28.65 |
| − OpEx | −$18.5k | −$8.60 |
| NOI | $43.2k | $20.06 |
2,152 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$616.6K
$539.5K – $719.3K
NOI $43,160 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$567.9K
$496.9K – $662.6K
NOI $39,755 @ 7.0% cap · market cap 6.63%
Theoretical Best
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,683 @ 7.0% cap · market cap 16.95%
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 - For sale duplex on a corner double-size lot featuring two 2-bedroom, 1-bath units.
Where is this duplex located?
The property is located at 1100 NW 57th St Miami, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Duplex on a corner double‑size lot with two 2‑bedroom, 1‑bath units; Zoned MULTIFAMILY 2‑9 UNITS : 2 LIVING UNITS; One unit renovated about 3 years ago with updated kitchen and flooring
