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Single Family Residence at 114 SW SW 57th Ct, Miami FL 33144Active
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Single Family Residence
$940,000$412 / sqft

114 SW SW 57th Ct, Miami FL 33144

5
Bedrooms
4
Bathrooms
2,280 sqft
Interior
1941
Year built
None
HOA
Single Family Residence
Type

About this home

SOLD FURNISHED • LOW ELECTRIC BILL • NO HOA • 2022 METAL ROOF • 2 INCOME-PRODUCING SPACES • PRIME CENTRAL LOCATION! Rare opportunity in desirable Little Gables! This beautifully maintained, move-in-ready property offers exceptional flexibility and income potential, making it ideal for investors or multigenerational living. The main home features 4 bedrooms and 3 full bathrooms, plus a private 1-bedroom, 1-bath apartment with its own entrance, full kitchen, walk-in closet and laundry, currently generating $1,700/month in rental income. The property is sold fully furnished and includes a camera surveillance system, low electric bill and no HOA. Bright, open living spaces feature an updated kitchen with stainless steel appliances, large center island and custom Container Store closets throughout. The fully fenced backyard offers mature fruit trees, generous shade, covered patio ideal for entertaining and 2 storage sheds. Oversized driveway provides ample parking for multiple vehicles, plus room for an RV or boat. Prime location just 4 blocks from Waterford Hub at Blue Lagoon, near 2 Publix locations, approximately 12 minutes to MIA, 10 minutes to Marlins Stadium, 12 minutes to Doral and 20 minutes to Brickell. Conveniently located near Coral Gables (4 blocks) but with the advantage of paying Miami Dade taxes, FIU, UHealth, major highways, shopping, dining, parks and golf. Turnkey opportunity with 2 income-producing spaces in 1!

Features

  • First Floor Entry
  • Closet Cabinetry
  • Cooking Island
  • Maid/In-Law Quarters
  • Studio Apartment
  • Fruit Trees
  • Garden

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$4,753

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$4,753
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
RE/MAX Advance Realty II

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.