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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29
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30
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31
Jul
$ 3,900,000
Est. payment | /mo

9,454 SqFt


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

9,454 SqFt

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

Listed by Campos Commercial Real Estate LLC
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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(954) 237-4211

jimmy@thejamteam.com

333 SE 2nd Ave, Miami, FL, 33131, USA

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1261 NW 59th St