Remodeled Fourplex with Studio
For Sale
$749,900
2775 NW 57th St, Miami, FL 33142
MULTI_FAMILY - Other - Miami, FL
Property Size1,202 SF
Price / SF$623.88
Days on Market18
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
Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1
Parking
4
Subdivision
HIALEAH HEIGHTS
Lot features
< 1/4 Acre
Standard status
Active
APN
30-31-16-009-6891
Size
1,202 SF
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 14
Changed: Jul 29
Last Checked: Jul 31 at 9:06PM
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.
Investment Insights
Based on property information with market context.
This remodeled fourplex offers four studio units with brand-new kitchens, renovated bathrooms, modern flooring throughout, and fresh interior and exterior paint. The property is described as well-maintained and delivered with all units currently rented.
Located at 2775 NW 57th St in Miami, the fourplex is generating total monthly income of $5,400 according to the provided remarks. The listing also notes that a neighboring fourplex at 2773 and another at 2775 can be sold together as a bundle.
With 1,202 square feet of property size stated in the listing, this is positioned as a turnkey income-producing residential income asset with immediate income potential based on current occupancy.
Located at 2775 NW 57th St in Miami, the fourplex is generating total monthly income of $5,400 according to the provided remarks. The listing also notes that a neighboring fourplex at 2773 and another at 2775 can be sold together as a bundle.
With 1,202 square feet of property size stated in the listing, this is positioned as a turnkey income-producing residential income asset with immediate income potential based on current occupancy.
Key Highlights
- Completely remodeled fourplex with updated studio units, brand‑new kitchens, renovated bathrooms, and modern flooring
- All units are currently rented, generating total monthly income of $5,400
- Central heating and central air; construction materials include block
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 | $36.8k | $30.60 |
| − Vacancy | −$2.3k | −$1.95 |
| EGI | $34.4k | $28.65 |
| − OpEx | −$10.3k | −$8.60 |
| NOI | $24.1k | $20.06 |
1,202 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
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.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four studio units with updated kitchens, renovated bathrooms, and new paint; all units are currently rented.
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: Completely remodeled fourplex with updated studio units, brand‑new kitchens, renovated bathrooms, and modern flooring; All units are currently rented, generating total monthly income of $5,400; Central heating and central air; construction materials include block
