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Duplex Residence with Private Yard

2931 NW 57th St #B Unit B, Miami, FL 33142

For Sale
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Two en-suite bedrooms, impact windows and doors, and a dedicated laundry closet define the home’s practical layout.

Property Size1,550 SF
Price / SF$1.58
Days on Market7

Property Features for 2931 NW 57th St #B Unit B

General Information

Standard status Active
Size 1,550 SF
Property subtype Multi-Unit

Additional Details

Multifamily Units 2

Amenities

high ceilings
impact windows and doors
private yard
laundry closet
Lot Size Square Feet: 5160
Percentage of Tax that is Deductable: 0
Vinyl Floor, Tile Floor
Has Central AC: 1
Rental, Sale Type: Foreclosure, Availability Date: 2026-11-15
2 Bedrooms
2 Stories, Built in 2024
Subdivision Name: Hialeah Hgts Amd
Above Area Square Feet: 1550
2 Full Baths, One Half Bath
Water Source: Municipal
Oven, Refrigerator, Dishwasher, Microwave, Hot Water Heater

Building Details

Year Built 2024
Buildings 1
Stories 2
Listing Agency: Compass Florida, LLC
Listed By: Madeline Contreras Lopez
Source: Doyle-realty
Added: Nov 4 Changed: Nov 10 Last Checked: Nov 10 at 7:18AM

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 Compass Florida, LLC

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Investment Insights

Based on property information with market context.

Built in 2024, this two-story duplex residence contains 1,550 square feet, with two bedrooms and 2.5 bathrooms. Both upstairs bedrooms have private en-suite baths; the first floor includes a half bath and a laundry closet. Impact windows and doors and a private yard are additional features.

The property is at 2931 NW 57th St, Unit B, in Miami. Wynwood, the Design District, Downtown Miami, beaches, dining, shopping, and entertainment are identified as accessible destinations.

Key Highlights

  • Built in 2024 with 1,550 square feet of living area
  • Two‑story layout with 2 bedrooms and 2.5 bathrooms
  • Each upstairs bedroom has a private en‑suite bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,634
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,680 $572.7K
Cap Rate 7%
$409,057 $409.1K
Cap Rate 9%
$318,156 $318.2K
Market Conditions
NOI Build-Up for 1,550 SF
Gross rent
$55.8K $36.00/SF
− Vacancy
−$3.7K −$2.41/SF
EGI
$52.1K $33.59/SF
− OpEx
−$23.4K −$15.11/SF
NOI
$28.6K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,680
Cap Rate 7%
$409,057
Cap Rate 9%
$318,156

Alternative Uses

Best Use
Apartment 5plus
$409.1K
$357.9K – $477.2K (±1% cap)
NOI $28,634 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.05M
$915.5K – $1.22M (±1% cap)
NOI $73,238 @ 7.0% cap
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

2
Residential units

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 Residential income properties in Miami, FL

$480 Jul
$481 Aug
$477 Sep
$463 Oct

Properties on Market for Residential income properties in Miami

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Two en-suite bedrooms, impact windows and doors, and a dedicated laundry closet define the home’s practical layout.
Where is this residential income property located?
The property is located at 2931 NW 57th St #B Unit B Miami, FL.
What are key features of this property?
This property features: Built in 2024 with 1,550 square feet of living area; Two‑story layout with 2 bedrooms and 2.5 bathrooms; Each upstairs bedroom has a private en‑suite bathroom
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