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259 NE 57th St, Miami FL 33137

House Recently Sold
$470,000

BTC: 7.31517510

ETH: 247.02518606

Sold on: 2026-07-29
45 days
2 bds
1 ba
840 sqft

Overview

Exceptional opportunity to invest in Miami’s rapidly evolving Innovation District! This generously sized lot offers the perfect canvas to build your dream duplex, or take advantage of the existing structure as a covered land play while your investment appreciates. Ideally positioned near the transformative Magic City development, a forthcoming multi-billion-dollar project, this property also enjoys close proximity to the vibrant dining and retail scene of Little River, 55th Street Station, and Morningside Bayfront Park. Just minutes away, you’ll find the Design District, Midtown, and Wynwood, placing some of Miami’s most sought-after destinations at your doorstep. Please note: Rendering is for marketing purposes only. Investment highlight: Current tenant pays $1,900/month in rent.

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1932
Lot:
5000 Square Feet
Heating:
Window/Wall
Price/sqft:
$625
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$345,000
$218K – $486K
Confidence Low
List vs. estimate
$180K above estimate
List $525,000 · +52.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$625
+31.0% vs. city median $477
Based on
15 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $701K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,002
2025
View
Garden
All facts and features
  • Flooring

    • Vinyl

    • Wood

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Refrigerator

    Other interior features

    • First Floor Entry

    • Entrance Foyer

    • Attic

    • Den/Library/Office

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Parking

    • Driveway

    Lot

    • Lot: 5000 Square Feet

    Other Property Information

    • Parcel Number: 01-31-13-065-1310

    • Zoning: 5700

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $3,002

  • Source details

    • MLS ID: A12028461

    Other facts

    • Construction Materials: Frame With Stucco / Other / Wood Siding

    • Fireplace Features: Fireplace

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Awning(s)

    • Direction Faces: South

    • Architectural Style: Detached / One Story

    • Fireplace: Yes

    • Living Area: 840

    • Water Source: Municipal Water

    • Subdivision Name: DIXIE HIGHWAY TRACK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: Coldwell Banker Realty