Miami, FL 33127,421 NW 59th St
Miami, FL 33127,421 NW 59th St
Miami, FL 33127,421 NW 59th St
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Phaedrea Watkins
$779,000
Est. payment /mo
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

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

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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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Element Real Estate Group

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421 NW 59th St