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4-Unit Quadplex with Updated Interiors
New
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 Market3

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 3, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 4, 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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
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
Listed By: Roylan Valdivia · License #3224891
Added: Nov 2 Last Checked: Nov 4 at 8:06AM
MLS# A12116526

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.

Built in 1947, this 1,202-square-foot quadplex contains four studio apartments. Interior improvements include updated kitchens and bathrooms, tile flooring, and fresh interior and exterior paint. The building has block construction, a shingle roof, central heating and central air conditioning. Public water and sewer serve the property, and cable is available.

The property is located at 2775 NW 57th St in Miami. All four units are occupied, representing 100% occupancy.

Key Highlights

  • Four studio units in a 1,202‑square‑foot quadplex
  • 100% occupancy
  • Updated kitchens and bathrooms, tile flooring, and fresh interior and exterior paint

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 (±1% cap)
NOI $24,107 @ 7.0% cap · market cap 3.21%
Second Best
Apartment 5plus
$317.2K
$277.6K – $370.1K (±1% cap)
NOI $22,205 @ 7.0% cap · market cap 2.96%
Theoretical Best
Specialty Retail
$811.4K
$709.9K – $946.6K (±1% cap)
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
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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

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 apartments feature refreshed kitchens and bathrooms, with tile flooring throughout.
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 in a 1,202‑square‑foot quadplex; 100% occupancy; Updated kitchens and bathrooms, tile flooring, and fresh interior and exterior paint
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