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421 NW 59th St, Miami FL 33127

Multi-family For Sale
$779,000

BTC: 8.86931491

ETH: 389.50000000

New
0 room(s)
1,556 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

TURNKEY INCOME PRODUCER IN MIAMI’S BOOMING MAGIC CITY (33127)! An exceptional opportunity to own a fully remodeled multifamily property in one of Miami’s fastest-appreciating neighborhoods. Offering 1,884 SF of living space on a 5,800 SF lot east of I-95, this property delivers immediate cash flow and long-term upside just minutes from Wynwood, the Design District, Midtown, Brickell & Miami Beach. The property features two separate structures with individual electric meters, ideal for maximizing rental income. The main residence offers 4 bedrooms and 3 bathrooms, perfect for a high-yield rental or owner-occupant. The detached ADU suite includes a full kitchen, impact windows and doors, and is currently leased at $1,600/month, providing instant income. Completely renovated with brand-new roof and central A/C systems (2024), impact door and some windows, new appliances, modern finishes throughout. A new privacy fence creates separation and comfort between units. Live in one unit and rent the other, or lease both for strong cash flow in a high-demand rental corridor. Perfectly positioned in the heart of Miami’s transformation zone, this property combines location, condition, income, and appreciation potential a rare find in today’s market.

Location

Florida • Miami • 33127 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1926
Lot:
No Data
Heating:
Central
Price/sqft:
$501
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

  • Property

    • Exterior Features: Fruit Trees

    Other Property Information

    • Parcel Number: 01-31-13-030-0400

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $5,241

  • Source details

    • MLS ID: A11931014

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Living Area: 1556

    • Water Source: Municipal Water

    • Subdivision Name: COLLEGE PARK

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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 ©2025-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: Element Real Estate Group