New Listing - 12/15/2025
421 NW 59th St, Miami, FL, 33127
1926
1,556 sqft
TURNKEY INCOME PRODUCER IN MIAMI’S BOOMING MAGIC CITY (33127)! An exceptional opportunity to own a fully remodeled multifamily property in one of Miami’s fastest-appreciating neighborhoods. Offering 1,884 SF of living space on a 5,800 SF lot east of I-95, this property delivers immediate cash flow and long-term upside just minutes from Wynwood, the Design District, Midtown, Brickell & Miami Beach. The property features two separate structures with individual electric meters, ideal for maximizing rental income. The main residence offers 4 bedrooms and 3 bathrooms, perfect for a high-yield rental or owner-occupant. The detached ADU suite includes a full kitchen, impact windows and doors, and is currently leased at $1,600/month, providing instant income. Completely renovated with brand-new roof and central A/C systems (2024), impact door and some windows, new appliances, modern finishes throughout. A new privacy fence creates separation and comfort between units. Live in one unit and rent the other, or lease both for strong cash flow in a high-demand rental corridor. Perfectly positioned in the heart of Miami’s transformation zone, this property combines location, condition, income, and appreciation potential a rare find in today’s market.
Status:
Active
Type:
Multi-family
Zoning:
5700
Subdivision:
COLLEGE PARK
Heating:
Central
Cooling:
Central Air
Parking:
6-car
Est. Taxes:
$5,241
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Pool:
None
MLS #:
A11931014
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Element Real Estate Group 786-206-9077