1261 NW 59th St new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33142
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