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1121 NW 57th St, Miami FL 33127

House For Sale
$616,000

BTC: 7.83216783

ETH: 243.43015214

38 days
3 bds
2 ba
1,309 sqft

Overview

INVESTOR ONLY – TENANT IN PLACE – NOT AVAILABLE FOR OWNER OCCUPANCY. Turnkey, income-producing single-family investment property with an existing tenant generating $3,300/month in base rent plus $300/month in Rent-to-Own membership income, for a total current gross income of $3,600/month. Tenant has an active lease with purchase option in place. Fully remodeled 3-bedroom, 2-bath home featuring a new roof, updated plumbing, new electrical system with Tesla panel, new appliances, double insulation, wellness-focused upgrades, and a spacious backyard. Professionally structured for investors seeking immediate cash flow, a renovated and stabilized asset, and simplified property management from day one. Prime Miami location with convenient access to major employment centers, highways, shopping, and essential services. Property is being sold with tenant in place. Please do not disturb tenant.

Location

Florida Miami 33127 House For Sale

Details

Type:
Residential
Parking:
Driveway
Year Built:
1945
Lot:
6180 Square Feet
Heating:
Central
Price/sqft:
$471
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$454,950
$298K – $611K
Confidence Low
List vs. estimate
$161K above estimate
List $616,000 · +35.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$470
-0.2% vs. city median $471
Based on
48 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $456K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,061
2025
View
None
Garage
2 car garage
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Closet Cabinetry

    • No Additional Rooms

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Driveway

    Property

    • Exterior Features: Fruit Trees

    Lot

    • Lot: 6180 Square Feet

    Other Property Information

    • Parcel Number: 01-31-14-008-0160

    • Zoning: 0104

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $6,061

  • Source details

    • MLS ID: A12065784

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Direction Faces: South

    • Architectural Style: Detached / One Story

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 1309

    • Water Source: Municipal Water

    • Subdivision Name: LIN HEIGHTS

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Avanti Way Realty LLC