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Remodeled Miami Fourplex Investment Opportunity

2773 NW 57th St Miami, FL 33142

2773 NW 57th St, Miami, FL, 33142
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Completely remodeled fourplex in Miami, generating $5,400 monthly income.

Property Size1,304 SF
Price / SF$575.08
AddedMay 22
Days on Market55
Last RefreshMay 27 at 8:20 am

Property Features for 2773 NW 57th St

General Information

Standard status
Active
Size
1,304 SF
Property subtype
Multifamily

Building Details

Year Built
1947

Listing office United Realty Group Inc

Listing date May 22, 2026

Source Crexi

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 United Realty Group Inc


Investment Insights

Based on property information with market context.

This multifamily property presents an investment opportunity in Miami. The property is a remodeled fourplex featuring updated studio units. Each unit includes a brand-new kitchen, renovated bathroom, and modern flooring. Fresh paint has been applied to both the interior and exterior. All units are currently rented, generating a total monthly income of $5,400. The property is located in a high-demand rental market. Neighboring fourplex for sale! 2773 and 2775 can be sold TOGETHER as a bundle. The property size is 1304 square feet.

Key Highlights

  • Turnkey cash‑flow opportunity with immediate income potential of $5,400 monthly.
  • Completely remodeled fourplex with updated studio units.
  • Brand‑new kitchens and renovated bathrooms in all units.

Local 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 $39.9k $30.60
− Vacancy −$2.5k −$1.95
EGI $37.4k $28.65
− OpEx −$11.2k −$8.60
NOI $26.2k $20.06
1,304 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$373.6K
$326.9K – $435.9K (±1% cap)
NOI $26,152 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$344.1K
$301.1K – $401.5K (±1% cap)
NOI $24,089 @ 7.0% cap · market cap 3.21%
Theoretical Best
Specialty Retail
$880.2K
$770.2K – $1.03M (±1% cap)
NOI $61,615 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Spa & Massage Center Law Firm Hair Salon Dental Office Nail Salon Computer & Electronic Repair Gym & Fitness Center Locksmith (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Quadplex - Completely remodeled fourplex in Miami, generating $5,400 monthly income.
Where is this quadplex located?
The property is located at 2773 NW 57th St Miami, FL.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Turnkey cash‑flow opportunity with immediate income potential of $5,400 monthly.; Completely remodeled fourplex with updated studio units.; Brand‑new kitchens and renovated bathrooms in all units.
Contact an agent
(786) 752-1069 Call to check price and availability
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