Income-producing duplex property with two separate buildings on a fully fenced lot, zoned 5700 Duplexes – General T3O.
The front structure is a well-maintained 2-bedroom, 1-bath home, renovated in 2017 with recent kitchen and bathroom updates. The detached studio unit—with kitchenette and full bathroom—is currently rented, providing immediate cash flow from day one.
The lot is a gardener’s paradise, featuring mature avocado as well as mango, banana, and papaya trees, along with established flowering perennials—low-maintenance landscaping that enhances curb appeal and tenant satisfaction.
Both units have dedicated gated parking, and the layout offers excellent separation and privacy between buildings. The property sits in a high-demand area near Miami beaches, Wynwood, Midtown, the Design District, and Miami International Airport, making it attractive for long-term tenants and future appreciation.
With flexible T3O zoning, strong rental demand, and the ability to live in one unit while renting the other, this duplex offers multiple strategies: house-hack, hold for income, or reposition for higher rents. A reliable, turnkey opportunity in one of Miami’s fastest-growing corridors.
For sale by owner
$600,000
294 NE 57th St, Miami, FL 33137
3beds
1,374sqft
Est.:
MultiFamily
Built in 1938
-- sqft lot
$461,000 Zestimate®
$437/sqft
$-- HOA
What's special
Established flowering perennialsFully fenced lot
- 3 days |
- 364 |
- 18 |
Listed by:
Property Owner (305) 773-2139
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Tile, Concrete
- Basement: None
Interior area
- Total interior livable area: 1,374 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Other
Lot
- Size: 5,000 Square Feet
Details
- Parcel number: 0131130650940
Construction
Type & style
- Home type: MultiFamily
Materials
- special
- Roof: Other
Condition
- New construction: No
- Year built: 1938
Community & HOA
Location
- Region: Miami
Financial & listing details
- Price per square foot: $437/sqft
- Tax assessed value: $278,124
- Annual tax amount: $4,245
- Date on market: 12/14/2025
Estimated market value
$461,000
$401,000 - $521,000
$2,918/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/14/2025 | Listed for sale | $600,000+421.7%$437/sqft |
Source: Owner Report a problem | ||
| 12/8/2025 | Listing removed | $2,750$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/21/2025 | Listed for rent | $2,750+71.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/12/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/7/2021 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,245 +7.1% | $151,072 +10% |
| 2023 | $3,964 +17.6% | $137,339 +10% |
| 2022 | $3,370 +7.6% | $124,854 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,997/mo
Principal & interest
$2867
Property taxes
$920
Home insurance
$210
Climate risks
Neighborhood: Little Haiti
Nearby schools
GreatSchools rating
- 6/10Toussaint L'Ouverture ElementaryGrades: PK-5Distance: 0.3 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10Miami Edison Senior High SchoolGrades: 9-12Distance: 1 mi
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