For sale

$525,000

259 NE 57th St, Miami, FL 33137

2beds

840sqft

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Single Family Residence

Built in 1932

5,000 Square Feet Lot

$493,700 Zestimate^®

$625/sqft

$-- HOA

What's special

Generously sized lotExisting structure

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.

32 days

642

28

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Attic, Den/Library/Office

Heating

Window/Wall

Cooling

Wall/Window Unit(s)

Appliances

Included: Refrigerator

Features

Entrance Foyer
Flooring: Vinyl, Wood
Has fireplace: Yes

Interior area

Total structure area: 952
Total interior livable area: 840 sqft

Video & virtual tour

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Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Stories: 1
Entry location: First Floor Entry,Foyer
Patio & porch: Awning(s)
Pool features: R30-No Pool/No Water
Has view: Yes
View description: Garden

Lot

Size: 5,000 Square Feet
Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0131130651310
Zoning: 5700

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame With Stucco, Other, Wood Siding
Roof: Shingle

Condition

Year built: 1932

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Features: Street Lights
Subdivision: Dixie Highway Track

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $625/sqft
Tax assessed value: $284,605
Annual tax amount: $3,002
Date on market: 6/1/2026
Listing terms: All Cash,Conventional,FHA

Estimated market value

$493,700

$469,000 - $518,000

$2,402/mo

Price history

Date	Event	Price
6/2/2026	Listed for sale	$525,000-3.5%$625/sqft
Source: MIAMI #A12028461 Report a problem
12/30/2025	Listing removed	$1,995$2/sqft
Source: Zillow Rentals Report a problem
11/25/2025	Listed for rent	$1,995+43%$2/sqft
Source: Zillow Rentals Report a problem
5/11/2025	Listing removed	$544,000$648/sqft
Source: MIAMI #A11691518 Report a problem
3/12/2025	Price change	$544,000-0.9%$648/sqft
Source: MIAMI #A11691518 Report a problem
11/11/2024	Listed for sale	$549,000+0.7%$654/sqft
Source: MIAMI #A11691518 Report a problem
8/22/2024	Listing removed	$545,000-0.9%$649/sqft
Source: MIAMI #A11586566 Report a problem
6/18/2024	Price change	$550,000-4.3%$655/sqft
Source: MIAMI #A11586566 Report a problem
5/14/2024	Listed for sale	$575,000+2246.9%$685/sqft
Source: MIAMI #A11586566 Report a problem
12/19/2020	Listing removed	$1,395$2/sqft
Source: Midtown Rentals LLC Report a problem
12/8/2020	Listed for rent	$1,395+1.5%$2/sqft
Source: Midtown Rentals LLC Report a problem
3/19/2018	Listing removed	$1,375$2/sqft
Source: Midtown Rentals LLC Report a problem
3/12/2018	Price change	$1,375-8%$2/sqft
Source: Midtown Rentals LLC Report a problem
3/9/2018	Listed for rent	$1,495$2/sqft
Source: Midtown Rentals LLC Report a problem
11/2/2015	Listing removed	$24,500$29/sqft
Source: Owner Report a problem
10/28/2015	Listed for sale	$24,500-30%$29/sqft
Source: Owner Report a problem
7/30/2013	Sold	$35,000$42/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,454 +7.1%	$88,810 +10%
2024	$3,226 +7.5%	$80,737 +10%
2023	$3,002 +21.7%	$73,398 +10%
2022	$2,467 +8.8%	$66,726 +10%
2021	$2,267 +11.1%	$60,660 +10%
2020	$2,042 +3.4%	$55,146 +10%
2019	$1,974 +16.2%	$50,133 +10%
2018	$1,699	$45,576 +10%
2017	$1,699 +7.6%	$41,433 +10%
2016	$1,579 +31.7%	$37,667 +10%
2015	$1,199 +10.4%	$34,243 +10%
2014	$1,086 +162.7%	$31,130 +15.6%
2013	$413	$26,930 +1.7%
2012	$413 -7%	$26,480 -4.9%
2011	$444 +10%	$27,832 +4.2%
2009	$404 +17.2%	$26,701 +2870.1%
2007	$345 -7%	$899
2006	$371	--
2005	$371 -3.9%	--
2004	$386	--
2003	$386	--
2002	$386	--
2001	$386	--

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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