Miami, FL 33142,1261 NW 59th St
Miami, FL 33142,1261 NW 59th St
Miami, FL 33142,1261 NW 59th St
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


$ 3,900,000
Est. payment | /mo

9,454 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,454 sqft

Price per Sqft $412

MLS Listing ID A11854941

HOA Y/N No

Year Built 1957

Annual Tax Amount $32,940

Lot Size 10,600 Sqft

Property Sub-Type Multi Family

Property Description

Turnkey 18-unit multifamily located in a high-demand Opportunity Zone, delivering a strong 7% cap rate. The property includes 6 spacious 2BD/1BA units and 12 1BD/1BA units. Zoned T4-L, the 9,454 SF building sits on a 10,600 SF lot. Perfect for long-term investors seeking steady cash flow and significant appreciation potential in a rapidly growing 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/A11854941

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc

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1261 NW 59th St