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Updated Fourplex

2773 NW 57th St, Miami, FL 33142

For Sale
$749,900

Four studio units feature refreshed kitchens, bathrooms, flooring, and interior and exterior paint.

Property Size1,304 SF
Price / SF$575.08
Days on Market8

Property Features for 2773 NW 57th St

General Information

Standard status Active
Size 1,304 SF
Property subtype Quadruplex
Occupancy 100%

Units

Unit Mix 4 x studio
Multifamily Units 4

Additional Details

Gross Income $64,800
Tenant in Place Yes

Amenities

Less Than 1/4 Acre Lot
Shingle
Public Sewer
Parcel Number: 30-31-16-009-6890, Public Survey Range: 31, Public Survey Section: 16, Public Survey Township: 31, Annual Amount: $5,157, Legal Description: HIALEAH HGTS PB 28-24 LOT 27 BLK 28 & 6FT ALLEY LYG N & ADJ CLOSED PER R-638-92 LOT SIZE 40.000 X 135 OR 15823-3306 0193 4 COC 25948-3664 09, Year: 2025, Zoning: 5700
Tile
Central Air
Central
Listing ID: A12116642, Standard Status: Active, MLS Status: Active, Property Subtype: Quadruplex, On market as of 2026-11-02, Rent Includes: Water
4 total parking spaces
Built in 1947, Year Built Details: Resale, Living area: 1304, Living area units: Square Feet, 1 storey, Construction Materials: CBS Construction
Subdivision: HIALEAH HEIGHTS, MLS Area (Major): Hialeah Heights, County/Parish: Miami-Dade County
Leasable area units: Square Feet
4 units in community
Water Source: Municipal Water

Building Details

Year Built 1947
Buildings 1
Listing Agency: United Realty Group Inc
Listed By: Roylan Valdivia · License FL #3224891
Source: Riserealty
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 8 at 6:50AM

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

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Investment Insights

Based on property information with market context.

This Miami fourplex contains four studio units. Updates include new kitchens, renovated bathrooms, modern flooring, and fresh paint inside and out. The property was built in 1947 and is fully occupied.

Located at 2773 NW 57th Street, the building is in Miami, Florida. Zoning is listed as 5700.

Key Highlights

  • Four studio units in a single fourplex
  • Occupancy is 100%
  • Built in 1947

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,152
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,040 $523.0K
Cap Rate 7%
$373,600 $373.6K
Cap Rate 9%
$290,578 $290.6K
Market Conditions
NOI Build-Up for 1,304 SF
Gross rent
$39.9K $30.60/SF
− Vacancy
−$2.5K −$1.95/SF
EGI
$37.4K $28.65/SF
− OpEx
−$11.2K −$8.60/SF
NOI
$26.2K $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%
$523,040
Cap Rate 7%
$373,600
Cap Rate 9%
$290,578

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 authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,142
Businesses Nearby

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Quadplexes in Miami, FL

$521 Jul
$552 Aug
$562 Sep
$504 Oct

Properties on Market for Quadplexes in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four studio units feature refreshed kitchens, bathrooms, flooring, and interior and exterior paint.
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: Four studio units in a single fourplex; Occupancy is 100%; Built in 1947
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Includes: Price & PSF · Cap rate · Location · Zoning

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