Corner Duplex with Two
For Sale
Contact for pricing
Pending
1100 NW 57th St, Miami, FL 33127
For sale duplex on a corner double-size lot featuring two 2-bedroom, 1-bath units.
Property Size2,152 SF
Days on Market143
Property Features for 1100 NW 57th St
General Information
Standard status
Pending
Size
2,152 SF
Total Parking Spaces
4
Property subtype
Multifamily
Zoning
0104
Site & Location
Neighborhood
Orchard Villa
Building Details
Year Built
1948
Listing Agency:
Miami Living at Keller Williams
Listed By:
Dana DellaCamera · License #3603558
(786) 285-9243
Source:
Crexi
Added: Jun 5
Changed: Oct 1
Last Checked: Oct 24 at 1:53PM
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 Miami Living at Keller Williams
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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
Estimated NOI and Cap Rate
NOI / Yr
$43,160
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,200
$863.2K
Cap Rate 7%
$616,571
$616.6K
Cap Rate 9%
$479,556
$479.6K
Market Conditions
NOI Build-Up for 2,152 SF
Gross rent
$65.9K $30.60/SF
− Vacancy
−$4.2K −$1.95/SF
EGI
$61.7K $28.65/SF
− OpEx
−$18.5K −$8.60/SF
NOI
$43.2K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,200
Cap Rate 7%
$616,571
Cap Rate 9%
$479,556
Alternative Uses
Best Use
Multifamily LT 5
$616.6K
$539.5K – $719.3K
NOI $43,160 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$567.9K
$496.9K – $662.6K
NOI $39,755 @ 7.0% cap · market cap 7.23%
Theoretical Best
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,683 @ 7.0% cap · market cap 18.49%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,413
Businesses Nearby
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Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
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 $550,000.
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
