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1286 NW 59th St, Miami FL 33142

Multi-family Active With Contract
$1,080,000

BTC: 16.61538462

ETH: 567.63234243

14 days
0 room(s)
3,596 sqft

Overview

Prime income-producing fourplex in the heart of Miami! This turnkey investment features four fully occupied 2-bedroom, 1-bathroom units, each generating $2,400 per month, providing immediate and reliable rental income. The property has successfully completed its 40-year recertification, and the roof was replaced just two years ago, offering added value and peace of mind for the new owner. Ideally located just minutes from Wynwood, the Design District, Downtown Miami, Miami International Airport, I-95, SR-112, shopping, dining, schools, and public transportation. Strong rental demand, an excellent location, and solid cash flow make this an outstanding addition to any investment portfolio. Don’t miss this exceptional opportunity!

Location

Florida • Miami • 33142 • Multi-family • Active With Contract

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1965
Lot:
No Data
Heating:
Central
Price/sqft:
$300
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$937,000
$572K – $1.2M
Confidence Low
List vs. estimate
$143K above estimate
List $1,080,000 · +15.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$300
-29.9% vs. city median $428
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $463K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,356
2025
Parking
4 spaces
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-31-14-043-1180

    • Zoning: 3901

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $12,356

  • Source details

    • MLS ID: A12052741

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 3596

    • Subdivision Name: ORCHARD VILLA EXTENSION

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33142
251
median $600K
Active
Same city
Miami
12,325
median $637K
Active
Same type
Multi-family
518
median $975K
Active
Similar price
$756K – $1.4M
2,330
median $974K
Active

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: Realty One Group Evolution