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

1286 NORTH WEST 59TH ST #4, Miami

$1,089,999 USD
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Address1286 NORTH WEST 59TH ST #4, Miami
Building NameORCHARD VILLA EXTENSION
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,089,999
Previous Price$1,090,000 (16 days ago)
Property StatusActive
MLS NumberA11921525
Living Area3596
Year Built1965
Parking Space Number1
Folio Number01-31-14-043-1180
Zoning Information3901
Days on Market126

Detailed Description: 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.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33142
Address1286 NORTH WEST 59TH ST
Section14
Zip Code (4 Digits)2652
Financial Information
Price$1,089,999
Price per Foot$0
Previous Price$1,090,000
Folio Number01-31-14-043-1180
Tax Amount$12,871
Tax Year2024
Full Descriptions
Detailed DescriptionFully 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.
Roof DescriptionShingle
Floor DescriptionCeramic Floor, Other
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area3596
Zoning Information3901
Year Built1965
Type of PropertyQuadruplex
StyleQuadruplex
Building NameORCHARD VILLA EXTENSION
Development NameORCHARD VILLA EXTENSION
Construction TypeConcrete Block Construction,Brick,CBS Construction,Composition Shingle
Stories Number1.000
Street DirectionNorth West
Parking Space Number1
Listed withRealty One Group Evolution