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Single-family · Miami · Miami-Dade County

1130 NW 57th St, Miami

Single-family home advertised as 3 bedrooms / 2 baths, 1,131 living SF on a 6,300 SF lot. Asking $350,900 after an October 16 cut from $469,900. The agent reports renovations and a new roof, but requires the buyer to close open permits and address the attached violation list; the seller will not clear them. No rental income is published.

Recorded status: Broker page reported active; recheck availability. Checked: .

Dated listing record · recheck availability and legal unit count.

Asking price
$350,900

Monthly rent · Scenario: Not reported

Unit mix & possession

One single-family residence offered. Listing says 3 bedrooms / 2 baths; the portal’s public-record summary lists 2 bedrooms. Current occupancy and delivery terms are not supplied.

Reported units
1
Reported listing area
1,131 sq ft
Reported year built
1945
Asking / reported sq ft
$310
Reported 2025 tax / year
$6,816

Historical tax is the seller’s bill; buyer taxes can change.

Tax-source difference

Portal public-tax history: $6,816 for 2025; listing tax field: $6,543. Obtain the official bill and buyer estimate.

View the tax-history source ↗
SIEARN TAKE

Why we’re tracking it

The ask fell $119,000 (25.3%) on October 16, from $469,900 to $350,900; it is 34.4% below this MLS listing’s May $535,000 start. Nearby 1195 NW 48th St (3/2, 1,177 SF) closed at $440,000 on August 24: an unadjusted $89,100 gap before condition differences, compliance, renovation, holding and sale costs. This is not verified equity or profit.

LISTING AGENT’S DESCRIPTION · SUMMARY

One single-family residence offered. Listing says 3 bedrooms / 2 baths; the portal’s public-record summary lists 2 bedrooms. Current occupancy and delivery terms are not supplied.

The agent advertises a renovated 3-bedroom / 2-bath house with a new roof, impact-ready windows/doors and a large backyard. The October 16 update says the buyer must close open permits and clear the violation attachment; the seller will not do so.

Verify permitted bedrooms, roof/windows and all open-permit/violation costs. The public-record summary lists 2 bedrooms versus 3 advertised. No current rent or resale profit is confirmed.

Listed by Douglas Elliman · observed Oct 18, 2026Read the full agent description at Compass ↗
Broker info & key considerations To confirm

Large price cut · permit costs decide the opportunity

Obtain the complete violation attachment, permit history, municipal lien search and written clearance costs.

  • Buyer must resolve open permits and the agent’s violation list; obtain the attachment and municipal payoff/closure requirements before estimating savings.
  • Listing advertises 3 bedrooms while the portal’s public record lists 2; confirm permitted layout and all remodeled work.
  • The 2025 public-tax table reports $6,816 versus $6,543 in the listing tax field. The historical public figure is retained; obtain the official bill and buyer tax estimate.
  • Renovation, roof and impact-window claims and attractive listing photos are not a condition inspection. Rent, insurance, remaining work and resale costs are unknown.
Source evidence and diligence

Financial figures observed Oct 18, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.

Gross rental yield basis

Needs supported whole-property rent or your rent assumption and a positive asking price. Unknown rent is not zero.

Sources

Questions to resolve

  • Obtain the complete violation attachment, permit history, municipal lien search and written clearance costs.
  • Verify legal bedrooms, occupancy, roof and remodeled systems with permits and inspection.
  • Use condition-matched closed sales and contractor bids; include holding, insurance, financing and selling costs before setting an offer.
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46 properties

Compare income, cash flow and risks.

46 of 95 researched properties

1916 Seidenberg Ave: listing photo 1
Multifamily
Price$999K$590/SF

1916 Seidenberg Ave

Midtown East · Key West

2 reported units1,694 SF
Reported rent / mo
$7,650
Reported gross yield1
9.2%
Est. cap rate
4.5%
Est. cash flow / mo
$3,478
Cash purchase · after reserves
  • Two 3 bed / 1 bath units, advertised at $3,850 and $3,800 monthly
  • $7,286/year historical tax

Source checked · Sep 25, 2026

Open brief
1932 Dewey St: listing photo 1
Multifamily
Price$499K$340/SF

1932 Dewey St

Hollywood South Side · Hollywood

2 reported units1,468 SF
Reported rent / mo
$3,900
Reported gross yield1
9.4%
Est. cap rate
3.6%
Est. cash flow / mo
$1,388
Cash purchase · after reserves
  • $7,474/year historical tax

Source checked · Oct 5, 2026

Open brief
1765 Normandy Dr: listing photo 1
Multifamily
Price$1.39M$459/SF

1765 Normandy Dr

Normandy Isle · Miami Beach

4 reported units3,024 SF
Reported rent / mo
$8,667
Reported gross yield1
7.5%
Est. cap rate
2.8%
Est. cash flow / mo
$2,972
Cash purchase · after reserves
  • 2 × 2BR/1BA + 2 × 1BR/1BA
  • $15,491/year historical tax

Source checked · Oct 18, 2026

Open brief
851 80th St: listing photo 1
Multifamily
Price$1.4M$314/SF

851 80th St

North Beach · Miami Beach

4 reported units4,458 SF
Reported rent / mo
$8,800
Reported gross yield1
7.5%
Est. cap rate
2.6%
Est. cash flow / mo
$2,788
Cash purchase · after reserves
  • 4 × 2BR/1BA
  • No HOA reported
  • $17,758/year historical tax

Source checked · Sep 25, 2026

Open brief
2120 Biarritz Dr: listing photo 1
Multifamily
Price$1.7M$487/SF

2120 Biarritz Dr

Normandy Isle · Miami Beach

4 reported units3,492 SF
Reported rent / mo
$9,700
Reported gross yield1
6.8%
Est. cap rate
2.5%
Est. cash flow / mo
$3,185
Cash purchase · after reserves
  • 2 × 1BR/1BA + 1 × 2BR/1BA + 1 × 2BR/2BA
  • $18,497/year historical tax

Source checked · Sep 25, 2026

Open brief
978 Gibraltar Rd: listing photo 1
Multifamily
Price$680K$179/SF

978 Gibraltar Rd

Winston Park · Key Largo

2 reported units3,794 SF
Reported rent / mo
$4,400
Reported gross yield1
7.8%
Est. cap rate
1.9%
Est. cash flow / mo
$926
Cash purchase · after reserves
  • Two 2-bedroom / 1-bath units, each reported at $2,200 per month
  • $4,605/year historical tax

Source checked · Oct 14, 2026

Open brief
4133 SW 52nd St: aerial photograph of the existing duplex and lot
Multifamily
Price$839K$432/SF

4133 SW 52nd St

Broward Gardens · Dania Beach

2 reported units1,942 SF
Reported rent / mo
$4,350
Reported gross yield1
6.2%
Est. cap rate
1.7%
Est. cash flow / mo
$1,065
Cash purchase · after reserves
  • Two existing residences: 3 bed / 2 bath and 2 bed / 2 bath
  • $13,067/year historical tax

Source checked · Oct 2, 2026

Open brief
2713 NE 33rd Ave: listing photo 1
Multifamily
Price$1.4M$614/SF

2713 NE 33rd Ave

Dolphin Isles · Fort Lauderdale

2 reported units2,271 SF
Reported rent / mo
$6,000
Reported gross yield1
5.2%
Est. cap rate
1.3%
Est. cash flow / mo
$1,370
Cash purchase · after reserves
  • Two 2 bed / 2 bath units; total existing rent advertised at $6,000 monthly
  • $19,762/year historical tax

Source checked · Sep 25, 2026

Open brief
1938 Pierce St: listing exterior photograph
Multifamily
Price$495K$472/SF

1938 Pierce St

Royal Poinciana · Hollywood

2 reported units1,049 SF
Reported rent / mo
$2,800
Reported gross yield1
6.8%
Est. cap rate
1.4%
Est. cash flow / mo
$498
Cash purchase · after reserves
  • Two 1-bedroom / 1-bath apartments offered together
  • Built 1954
  • 5,454 SF lot

Source checked · Oct 11, 2026

Open brief
600 SW 16th Ave: listing photograph 3
Multifamily
Price$1.36M$778/SF

600 SW 16th Ave

Little Havana · Miami

3 reported units1,748 SF
Reported rent / mo
$6,000
Reported gross yield1
5.3%
Est. cap rate
1.2%
Est. cash flow / mo
$1,199
Cash purchase · after reserves
  • Three apartments in one offering
  • Built 1953
  • $11,161/year historical tax

Source checked · Oct 11, 2026

Open brief
18 Prospect Ln A & B listing photograph 1
Multifamily
Price$465K$177/SF

18 Prospect Ln A & B

Palm Coast Sec 24 · Palm Coast

2 reported units2,622 SF
Potential rent / mo
$3,370
Full-occupancy estimate
Potential gross yield1
8.7%
Est. cap rate
2.7%
Est. cash flow / mo
$930
Cash purchase · after reserves
  • 3 bed / 2 bath per unit
  • Garage per unit
  • 2023 reroof permit

Source checked · Oct 12, 2026

Open brief
13 Buttonwood Ln listing photograph 1
Multifamily
Price$469K$181/SF

13 Buttonwood Ln

Palm Coast Sec 35 · Palm Coast

2 reported units2,588 SF
Potential rent / mo
$3,300
Full-occupancy estimate
Potential gross yield1
8.4%
Est. cap rate
2.5%
Est. cash flow / mo
$874
Cash purchase · after reserves
  • 3 bed / 2 bath per unit
  • 2 attached garages
  • Screened rear porches

Unit A advertised vacant

Source checked · Oct 12, 2026

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Estimates use editable assumptions.

Florida property research

Research scope includes Miami-Dade, Broward, the Florida Keys and Flagler County. Published observations vary by market.

1 Gross yield excludes costs and financing. Source figures are unverified; estimates use editable assumptions. Check current listing availability. County records are separate from listings. Saves stay in this browser; export a backup before clearing site data. Sources & methods