Duplex with Independent Guest
5757 SW 3RD Street, Miami, FL 33144
For Sale
New
$965,000
Residential Income, Miami, FL
Property Size2,667 SF
Lot Size0.22 Acres
Price / SF$361.83
Days on Market3
Property Features for 5757 SW 3RD Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Full bathrooms
Rooms
Pets allowed
Subdivision
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
covered back patio pergola
gated
circular driveway
hurricane-impact windows and doors
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Claudia C Monasterio · License FL #3180786
(954) 918-5721
Added: Nov 11
Changed: Nov 13
Last Checked: Nov 13 at 1:06AM
MLS# B26099085
Copyright © 2026 BeachesMLS. 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.
The property contains a 2,667-square-foot main residence and a separate 1-bedroom, 1-bathroom guest suite with its own kitchen. Additional features include a 1-car garage, hurricane-impact windows and doors, and a gated circular driveway. A concrete-block outbuilding with a tile roof offers additional interior space, while a covered patio pergola extends the outdoor area.
Set on a 0.22-acre parcel in Miami, the property is minutes from Miracle Mile, Coconut Grove, schools, and Miami International Airport.
Set on a 0.22-acre parcel in Miami, the property is minutes from Miracle Mile, Coconut Grove, schools, and Miami International Airport.
Key Highlights
- Separate 1‑bedroom, 1‑bathroom guest suite with its own kitchen
- 2,667‑square‑foot main residence on a 0.22‑acre parcel
- Gated property with circular driveway and 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,488
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,069,760
$1.1M
Cap Rate 7%
$764,114
$764.1K
Cap Rate 9%
$594,311
$594.3K
Market Conditions
NOI Build-Up for 2,667 SF
Gross rent
$81.6K $30.60/SF
− Vacancy
−$5.2K −$1.95/SF
EGI
$76.4K $28.65/SF
− OpEx
−$22.9K −$8.60/SF
NOI
$53.5K $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%
$1,069,760
Cap Rate 7%
$764,114
Cap Rate 9%
$594,311
Alternative Uses
Best Use
Multifamily LT 5
$764.1K
$668.6K – $891.5K
NOI $53,488 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$703.8K
$615.9K – $821.2K
NOI $49,269 @ 7.0% cap · market cap 5.11%
Theoretical Best
Specialty Retail
$1.80M
$1.58M – $2.10M
NOI $126,017 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,692
Businesses Nearby
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Business Placement
Demographics for 33144, FL
25,814
Population
9,665
Households
2.7
Avg Household Size
48
Median Age
28%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
8,327
Density / Sq Mi
$59,207
Median Household Income
$35,051
Median Earnings
$1,730
Median Rent
$440,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Miami, FL
Properties on Market for Duplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A separate one-bedroom suite includes its own kitchen for independent use.
Where is this duplex located?
The property is located at 5757 SW 3RD Street Miami, FL.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Separate 1‑bedroom, 1‑bathroom guest suite with its own kitchen; 2,667‑square‑foot main residence on a 0.22‑acre parcel; Gated property with circular driveway and 1‑car garage
