1286 NW 59th St, Miami, FL, 33142
8beds
4baths
3,596sqft
$1,089,999
$303price/sqft
$8,102/moest. monthly cost
$324,080/yrincome needed
About This Home
Fully renovated income-producing FOURPLEX in a rapidly developing Miami corridor. Each of the four units offers 2 bedrooms and 1 bathroom, all currently rented, delivering immediate and stable cash flow with nearly an 8% return. Property features a brand-new roof installed one year ago and has been completely remodeled throughout, minimizing deferred maintenance and future capital expenditures. Strategically located in Liberty City with quick access to Wynwood, Allapattah, and Downtown Miami, placing the asset within minutes of major employment centers, cultural districts, retail, and ongoing redevelopment areas. Strong rental demand supported by central location and connectivity to I-95 and main thoroughfares.
Getting Around
64
Somewhat Walkable51
Good Transit61
BikeableSchools
5/10
3/10
2/10
Construction
Condition
- Year built: 1965
Materials
- Roof: Shingle
- Construction materials: Concrete Block Construction,Brick,CBS Construction,Composition Shingle
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Features
- Flooring: Ceramic Tile,Other
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 3,596
- Total interior livable area: 3,596 sqft
Property
Details
- Parcel number: 0131140431180
- Zoning: 3901
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot,Other,Regular Lot
Parking
- Total spaces: 1