$799,495
For Sale

421 NW 59th St

Miami, FL 33127
Browse 53 photos
Type:Multi-Family
Structure:2 Family
Zone:Commercial

Description

Property size is 1,884 square feet. Income producing opportunity in the heart of Miami's rapidly transforming Magic City District. This multifamily home has been completely remodeled. Brand new roof, impact doors and windows, new appliances with modern finishes throughout. Just minutes from Wynwood, Brickell, Midtown & Miami Beach. The property features two separate structures, each with its own electric meter. The main residence offers 4bed/3bath, ideal for a high-yield rental. Behind it, the updated guest/in-law suite includes a complete kitchen, hurricane impact protection, and is currently leased at $1,600/M. Brand new privacy fence provides privacy and comfort between the two units. Live in one unit while generating passive income from the other, or maximize returns by leasing both.

  • Property Details
      • Lot DescriptionLess Than 1/4 Acre Lot
      • CountyMiami-Dade County
      • Utility SourceMunicipal Water
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • SubdivisionCOLLEGE PARK
      • Exterior MaterialsFruit Trees
      • MLS #A11872551
      • MLS #A11872551
      • Cost799495
      • Property SubtypeDuplex
      • Structure TypeDuplex
      • Square Feet1556
      • Year Built1926
      • Stories1

Location

Peterson By The BeachReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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