361 NE 57th St, Miami FL 33137 | Miami-Dade County | A11997137
- $860,000
- Single Family Residence
- 2
- 1
- 0
- 1032 Sq Ft
361 NE 57th St, Miami FL 33137 | Miami-Dade County | A11997137
- $860,000
Description
Excellent Location, MIMO District Area of Miami – close to Wynwood, i95, Downtown, Beaches and Museums. This property is the definition of a Covered Land Play. It is zoned T5-L which allows for countless redevelopment opportunities. With the added leniency offered by Florida’s SB 102 “Live Local Act”, a 20-Unit Multi Family can be achieved.
Property is a Single Family Home in great condition and well maintained. It has a long term tenant which pays $2750 monthly with plenty of room to increase to market rent. Please do not bother the tenant.
Sellers have a survey showcasing property is 50 x 100 (5000 sq ft) but make no claims. Buyer responsible to perform his/her due diligence as to what can and will be allowed to be built at this property. Call or Text Agent for further inquiries.
Property Overview
This single-family home at 361 NE 57th St in Miami is located in the MIMO District, offering excellent proximity to Wynwood, I-95, Downtown, the beaches, and cultural institutions like museums. Built in 1951, the 1,032-square-foot structure has 2 bedrooms and 1 full bathroom. It sits on a 50 x 100 lot (5,000 sq ft) and is zoned T5-L, which may allow for a range of redevelopment options, including a potential 20-unit multifamily project under Florida's SB 102 "Live Local Act." The property is in good condition, well maintained, and currently has a long-term tenant paying $2,750 per month in rent. Buyers are encouraged to conduct their own due diligence regarding zoning and redevelopment potential. Public records show the property is part of the Dixie Highway Track, both in name and subdivision. For more information, call or text the agent directly.
Frequently Asked Questions
How many bedrooms and bathrooms does the property have?
The property has 2 bedrooms and 1 full bathroom.
What is the size of the home and the lot?
The home has a living area of 1,032 square feet. The property is described as 50 feet by 100 feet, totaling approximately 5,000 square feet.
What are the zoning and redevelopment opportunities for the property?
The property is zoned T5-L, which allows for various redevelopment opportunities. With the Florida SB 102 'Live Local Act,' a potential 20-unit multi-family development may be achievable.
Is the property currently occupied?
Yes, the property has a long-term tenant who pays $2,750 monthly in rent. Please do not disturb the tenant.
What is the location and proximity to major areas?
The property is located on the MIMO District side of Miami, near Wynwood, I-95, Downtown, the beaches, and museums.
What is the asking price for the property?
The asking price for the property is $880,000.
Monthly Fees & Carrying Costs
- Membership Required: No
Address
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Address: 57th St
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33137
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Area: DIXIE HIGHWAY TRACK
Details
Updated on June 29, 2026 at 1:38 pm-
Property ID A11997137
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Price $860,000
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Property Size 1032 Sq Ft
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Bedrooms 2
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Room 0
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Bathroom 1
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Garage 0
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Year Built 1951
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Type Single Family Residence
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Property Status Active, Residential
Additional details
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Flooring Ceramic Floor
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Bedroom Features None
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Cooling Central Air
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Association Type None
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Building DIXIE HIGHWAY TRACK
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Area Dixie Highway Track
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Annual Tax 6525
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional
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Neighborhood MIMO District
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Waterfront No
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Full Bathrooms 1
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Subdivision DIXIE HIGHWAY TRACK
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Restrictions Ok To Lease
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Parking Driveway
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Heating Heat Pump/Reverse Cycle
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Structure Type R30-No Pool/No Water, House
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Tax Year 2025
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Construction CBS Construction
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Building Area 1104
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Covered Spaces 2
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View None
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Year Built Details Effective Year Built
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High School Miami Edison
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Half Bathrooms 0
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Flood Zone X
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New Construction No
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Garage Spaces 0
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Style R30-No Pool/No Water
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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