Miami, FL 33142,1261 NW 59th St
Miami, FL 33142,1261 NW 59th St
Miami, FL 33142,1261 NW 59th St
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$3,900,000
Est. payment /mo
9,454 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,454 sqft

Price per Sqft $412

MLS Listing ID A11847894

HOA Y/N Yes

Year Built 1957

Annual Tax Amount $32,940

Lot Size 10,600 Sqft

Property Sub-Type Multi Family

Property Description

Fully renovated 18-unit multifamily in a high-demand Opportunity Zone, offering a solid 7% cap rate. Property features 5 spacious 2BD/1BA units and 13 1BD/1BA units. Zoned T4-L, the 9,454 SF building sits on a 10,600 SF lot. Ideal for long-term investors seeking stable cash flow and strong appreciation upside in a rapidly developing area.

Location

State FL

County Miami-dade

Area 31

Exterior

Private Pool Yes

Others

Tax ID 01-31-14-043-1130

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11847894


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Listed by Campos Commercial Real Estate LLC

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agent

James Glik

+1(786) 344-3207

Agent | License ID: 3265723

Agent License ID: 3265723

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