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271 E 57th St, Hialeah FL 33013

House Recently Sold
$575,000

BTC: 8.98437500

ETH: 319.44444444

Sold on: 2024-09-13
New
4 bds
2 ba
2,398 sqft

Overview

Discover the potential of this outstanding investment property. This property currently generates an impressive $7,100 in monthly income from five rented units. With the owner-occupied unit available to rent for an additional $2,400, the total potential monthly income rises to an incredible $9,500. This is a rare opportunity to secure a high-yield investment in a prime location. Current Monthly Income: $7,100 Unit 1: $1,300 Unit 2: $1,600 Unit 3: $1,800 Unit 4: $1,700 Unit 5: $600 Potential Additional Income: $2,400 (from owner-occupied unit) Total Potential Monthly Income: $9,500 AS-IS Sale: The property will be sold as is, providing a straightforward transaction for the savvy investor looking to capitalize on this lucrative opportunity.

Location

Details

Type:
Residential
Parking:
Driveway / Other / On Street
Year Built:
1950
Lot:
7920 Square Feet
Heating:
Central
Price/sqft:
$271
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$664,499
$453K – $708K
Confidence Low
List vs. estimate
$14K below estimate
List $649,999 · -2.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$271
-33.8% vs. city median $409
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $575K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,303
2023
View
None
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Washer

    Other interior features

    • First Floor Entry

    • Family Room

    • Florida Room

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Other

    • On Street

    Property

    • Exterior Features: Fruit Trees

    Lot

    • Lot: 7920 Square Feet

    Other Property Information

    • Parcel Number: 04-21-31-003-1260

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $3,303

  • Source details

    • MLS ID: A11628548

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Washer/Dryer Hook-Up

    • Lot Features: Less Than 1/4 Acre Lot

    • Direction Faces: East

    • Architectural Style: Detached / One Story

    • Living Area: 2398

    • Water Source: Other

    • Subdivision Name: 4TH AVENUE EXTENSION TO H

Private inquiry
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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: Saggio Realty, Inc.