Remodeled Four-Unit Apartment
For Sale
$749,900
2775 NW 57th St, Miami, FL 33142
Residential Income, Miami, FL
Property Size1,202 SF
Price / SF$623.88
Days on Market93
Property Features for 2775 NW 57th St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
5700
Bedrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Parking
4
Subdivision
HIALEAH HEIGHTS
Lot features
< 1/4 Acre
Standard status
Active
APN
30-31-16-009-6891
Size
1,202 SF
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
HIALEAH HGTS PB 28-24 LOT 28 BLK 28 & 6FT ALLEY LYG N & ADJ CLOSED PER R-638-92 LOT SIZE 40.000 X 135 OR 15823-3306 0193 4 COC 23523-0487 25
Tax Annual Amount
5157
Legal Description
HIALEAH HGTS PB 28-24 LOT 28 BLK 28 & 6FT ALLEY LYG N & ADJ CLOSED PER R-638-92 LOT SIZE 40.000 X 135 OR 15823-3306 0193 4 COC 23523-0487 25
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1947
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Architectural style
Other
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Roylan Valdivia · License #3224891
(786) 752-1069
Added: Jul 30
Changed: Oct 26
Last Checked: Oct 30 at 6:06AM
MLS# A12018639
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,202-square-foot apartment property contains four studio units and was built in 1947. Improvements include new kitchens, refreshed bathrooms, modern tile flooring, and updated paint inside and out. The building has block construction, central heating and air conditioning, a shingle roof, public water, and public sewer. Occupancy is 100%.
The property is located at 2775 NW 57th St in Miami, Florida. Cable service is available.
The property is located at 2775 NW 57th St in Miami, Florida. Cable service is available.
Key Highlights
- Four studio units
- 100% occupied
- 1,202 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,107
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,140
$482.1K
Cap Rate 7%
$344,386
$344.4K
Cap Rate 9%
$267,856
$267.9K
Market Conditions
NOI Build-Up for 1,202 SF
Gross rent
$36.8K $30.60/SF
− Vacancy
−$2.3K −$1.95/SF
EGI
$34.4K $28.65/SF
− OpEx
−$10.3K −$8.60/SF
NOI
$24.1K $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%
$482,140
Cap Rate 7%
$344,386
Cap Rate 9%
$267,856
Alternative Uses
Best Use
Multifamily LT 5
$344.4K
$301.3K – $401.8K
NOI $24,107 @ 7.0% cap · market cap 3.21%
Second Best
Apartment 5plus
$317.2K
$277.6K – $370.1K
NOI $22,205 @ 7.0% cap · market cap 2.96%
Theoretical Best
Specialty Retail
$811.4K
$709.9K – $946.6K
NOI $56,795 @ 7.0% cap · market cap 7.57%
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
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four studio residences feature updated kitchens, bathrooms, flooring, and interior and exterior finishes.
Where is this quadplex located?
The property is located at 2775 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; 100% occupied; 1,202 square feet
