2775 NW 57th St, Miami FL 33142 | Miami-Dade County | A12116526

2775 NW 57th St, Miami FL 33142

Active Residential Income

$749,900

6 More

1202 Sq Ft
Area Size

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Active Residential Income

2775 NW 57th St, Miami FL 33142 | Miami-Dade County | A12116526

2775 NW 57th St, Miami FL 33142

$749,900

Description

Fully stabilized, cash-flowing fourplex in the heart of Miami — an exceptional opportunity for the discerning
investor. Completely remodeled with brand-new kitchens, renovated bathrooms, modern flooring, and fresh
interior/exterior paint throughout all four studio units. 100% occupied, generating $5,400/month ($64,800/year) in gross rental income with zero lease-up risk or renovation costs — pure cash flow from day one. Located in a high-demand Miami rental submarket with strong tenant retention. Rare opportunity to acquire alongside the neighboring fourplex at 2773 — both properties can be purchased together as an 8-unit portfolio, offering economies of scale for management and future value-add potential.

Property Overview

HIALEAH HEIGHTS is a 1202-square-foot quadruplex built in 1947, listed for sale at $749,900 at 2775 NW 57th St in Miami. The property consists of four studio units that are fully occupied and generate $64,800 in annual gross rental income. Recent updates include new kitchens, renovated bathrooms, modern flooring, and fresh paint throughout all units. This investment is positioned in a high-demand rental submarket with strong tenant retention. The public description notes that this property can be purchased alongside the neighboring fourplex at 2773 to form an eight-unit portfolio. For specific details on financials, lease terms, or the combined acquisition, please call 305-859-4733.

Frequently Asked Questions

What is the property type and its current rental status?

This is a fully stabilized quadruplex (fourplex) located at 2775 NW 57th St, Miami, FL 33142. It is currently 100% occupied, meaning all four studio units have tenants in place. The property generates $5,400 per month, or $64,800 per year, in gross rental income.

What recent updates or renovations have been completed?

The property has been completely remodeled. Updates include brand-new kitchens, renovated bathrooms, modern flooring, and fresh interior and exterior paint throughout all four units. This means there are no immediate renovation costs required for the buyer.

How much does the property cost and how large is it?

The listing price for this quadruplex is $749,900. The total living area is 1,202 square feet. The building was originally constructed in 1947.

Is it possible to purchase an adjacent property with this one?

Yes, the neighboring fourplex at 2773 NW 57th St is also available for purchase. The listing notes that both properties can be acquired together to create an eight-unit portfolio, which may offer economies of scale for management.

What is the monthly and annual rental income generated by this property?

The four studio units generate a total of $5,400 per month in gross rental income. This equates to $64,800 per year. Because the building is fully occupied, there is no lease-up risk associated with this income stream.

Have a question about this Miami listing?

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This listing is courtesy of United Realty Group Inc.

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