Home in 259 NE 57th Street, Miami, FL 33137 with MLS# A12028461

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.

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Days on the market

259 NE 57th Street, Miami, FL 33137

Price
Price:
$525,000.00
Original List Price:
$525,000.00
List Price per Sq Ft (Calculated, Approx.):
$559.52
Close Price:
$470,000.00
Transaction closed on:
July 29, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
July 31, 2026 2:16 pm
Other Special Conditions:
Sold As-is, Foreign Seller
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
1
Full Bath:
1
Room Type:
Den, Attic
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
840 Sqft
Built-Up Area:
952 Sqft
Lot Size Acres:
0.11
Property Features
View from the Property:
Garden
Waterfront:
No
Appliances:
Refrigerator, Gas Range, Gas Water Heater
Interior:
Entrance Foyer
Exterior:
Awning(s)
Fireplace
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Window/wall
Property Entrance Faces:
South
Construction
Year Built:
1932
Roof:
Shingle
Levels:
One
Entry Level (floor):
1
Construction Materials:
Frame, Other, Wood Siding, Stucco, Wood Siding
Flooring:
Wood, Vinyl
Number of stories:
1
Road Frontage Type:
Public Road
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$3,002.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Driveway
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Amenities Provided by the Homeowner's Association (HOA):
Street Lights
Subdivision Name:
DIXIE HIGHWAY TRACK
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, Other
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
DIXIE HIGHWAY TR PB 5-24 LOT 22 BLK 9 LOT SIZE 50.000 X 100 OR 9210 702 COC 25656-0040 /42/44/46 0507 5
Real Estate Folio Number (Parcel Number):
0131130651310
Zoning:
5700
Public Schools Assigned
High School:
Miami Edison
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
June 1, 2026
Listing Agreement executed on:
June 1, 2026
Purchase Contract Date:
July 16, 2026
Listing Status Last Changed On:
July 31, 2026 2:16 pm
Photos updated on:
July 31, 2026 2:28 pm
Last Modified:
July 31, 2026 2:29 pm
Additional Information
Courtesy of:
Coldwell Banker Realty
Attribution:
Not provided
Location
Street Name:
57th
Street Number:
259
City:
Miami
State:
Florida
Zip Code:
33137
County:
Miami-Dade
Latitude:
N25° 49' 41.1''
Longitude:
W81° 48' 33.5''
Street Suffix:
Street
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $82,798
Median Home Value $532,900
Median Rent $2,338/mo
Median Age 34
Population 27,300

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.