361 NE 57th St, Miami FL 33137

$799,000

Description

Excellent Location, MIMO District Area of Miami - close to Wynwood, i95, Downtown, Beaches and Museums. This property is the definition of a Covered Land Play. It is zoned T5-L which allows for countless redevelopment opportunities. With the added leniency offered by Florida's SB 102 "Live Local Act", a 20-Unit Multi Family can be achieved. Property is a Single Family Home in great condition and well maintained. It has a long term tenant which pays $2750 monthly with plenty of room to increase to market rent. Please do not bother the tenant. Sellers have a survey showcasing property is 50 x 100 (5000 sq ft) but make no claims. Buyer responsible to perform his/her due diligence as to what can and will be allowed to be built at this property. Call or Text Agent for further inquiries.

Listing courtesy of Mikel Urbistondo, Veissi & Associates, Inc. · Updated 7/10/2026