421 NW 59th St Miami, FL 33127
1,556 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,556 sqft
Price per Sqft $500
Subdivision College Park
MLS Listing ID A11931014
HOA Y/N No
Year Built 1926
Annual Tax Amount $5,241
Tax Year 2024
Property Sub-Type Duplex
Property Description
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
State FL
County Miami-dade
Community College Park
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Exterior
Exterior Feature Fence, Fruit Trees, Security/High Impact Doors
Pool None
Utilities Available Cable Available
Roof Type Flat,Spanish Tile
Total Parking Spaces 6
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Others
Tax ID 01-31-13-030-0400
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Listed As-Is
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11931014
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