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442 NW 59th Ter, Miami FL 33127

House Recently Sold
$1,050,000

BTC: 16.34241245

ETH: 551.86477736

Sold on: 2024-04-30
New
8 bds
5 ba
3,203 sqft

Overview

Updated 5-plex situated on a 11,600sf double lot zoned T3-0. Pro-forma 8.29% cap rate by increasing rents to market. All tenants are month to month. Property has (3) separate structures providing 3,203sf of living area. Three units are 2/1's and two are 1/1's. New upgrades include roof, hurricane-impact windows, plumbing, kitchen, floors and bathrooms. Little Haiti has an exciting future located minutes from Wynwood with major new projects like the Innovation District and plans to redevelop 65-acres into 5,000 workforce housing. Please DO NOT disturb tenants. Showing request approved after an offer is presented

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1937
Lot:
No Data
Heating:
Other
Price/sqft:
$375
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $512K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$6,951
2022
View
None
Garage
8 car garage
All facts and features
  • Flooring

    • Ceramic Floor

    • Other

    Heating

    • Other

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Electric Range

    Other interior features

    • First Floor Entry

    • Second Floor Entry

    • No Additional Rooms

    Bedrooms and bathrooms

    • Bedrooms: 8

    • Full bathrooms: 5

  • Parking

    • Driveway

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-31-13-030-0430

    • Zoning: 5700

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $6,951

  • Source details

    • MLS ID: A11575178

    Other facts

    • Construction Materials: Concrete Block Construction / Elevated Construction

    • Laundry Features: Washer/Dryer Hook-Up

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Balcony

    • Direction Faces: East

    • Architectural Style: Detached / One Story / Two Story

    • Garage Spaces: 8

    • Garage: Yes

    • Living Area: 3203

    • Water Source: Municipal Water

    • Subdivision Name: LITTLE HAITI

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC.