All listings
Pending
Pending1 / 32
Photo 1 of 32
Single Family Residence
$2,000,000$760 / sqft
621 NE 57th St, Miami FL 33137
Listed
4
Bedrooms
4
Bathrooms
2,633 sqft
Interior
1936
Year built
$3 / mo
HOA
Single Family Residence
Type
About this home
Rare opportunity to reimagine a historically contributing 1936 residence in the heart of Morningside, one of Miami’s most beloved & architecturally significant neighborhoods. Situated on an expansive corner lot of more than 10,000 sqft, the property offers over 3,000 sqft, a swimming pool, & a two-car garage. Generously proportioned living areas retain an array of original architectural elements, including a decorative fireplace, terrazzo & wood flooring, & hand-finished ceiling details, presenting an exceptional opportunity for thoughtful restoration & expansion. Morningside is a guard-gated residential enclave located along Biscayne Bay on Miami’s Upper East Side. The neighborhood is admired for its wide, tree-lined streets, lush tropical landscaping, & impressive collection of Mediterranean Revival, Art Deco, & early Miami residences. Quiet, established, & rich in character, Morningside offers a rare combination of historic charm, privacy, and central convenience. Residents enjoy convenient access to Morningside Park, a picturesque bayfront park offering tennis and basketball courts, a playground, expansive green spaces, picnic areas, recreational facilities, and a public boat ramp with direct access to Biscayne Bay. The property is also ideally located near the Miami Design District, Wynwood, Midtown, Downtown Miami, Miami Beach, acclaimed restaurants and shopping, major commuter routes, and highly regarded schools, including Miami Country Day School.
Features
- First Floor Entry
- Entrance Foyer
- Other
- Volume Ceilings
- Den/Library/Office
- Family Room
- Florida Room
- Garden
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,975–$9,700.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.