Atlantic Luxury Advisors
1121 57th St photo 11121 57th St photo 21121 57th St photo 31121 57th St photo 41121 57th St photo 5

26 photos

1121 57th St

Miami, FL 33127

$616,000
3
2
1,309 sq ft
6,180 sq ft
1945
2 car
Single Family Residence
22
Active

Listing courtesy of Avanti Way Realty LLC (Antonio Omedas). Contact: [email protected].

About this home

INVESTOR ONLY – TENANT IN PLACE – NOT AVAILABLE FOR OWNER OCCUPANCY. Turnkey, income-producing single-family investment property with an existing tenant generating $3,300/month in base rent plus $300/month in Rent-to-Own membership income, for a total current gross income of $3,600/month. Tenant has an active lease with purchase option in place. Fully remodeled 3-bedroom, 2-bath home featuring a new roof, updated plumbing, new electrical system with Tesla panel, new appliances, double insulation, wellness-focused upgrades, and a spacious backyard. Professionally structured for investors seeking immediate cash flow, a renovated and stabilized asset, and simplified property management from day one. Prime Miami location with convenient access to major employment centers, highways, shopping, and essential services. Property is being sold with tenant in place. Please do not disturb tenant.

What it costs to own
Estimated monthly payment
$4,384/mo
Principal and interest
$3,115
Property tax
$886
Homeowners insurance
$383
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$10,631/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.