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421 NW 59Th St Miami, FL 33127

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For Sale
$780,000

Income-producing multifamily property in Miami's Magic City District.

Building Details

Year built
1926

Source: Element Real Estate Group Agent Eduardo Lopez

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Remodeled Multifamily Home in Miami

This 1,884 square-foot multifamily property is located in Miami's Magic City District. The property has been completely remodeled and features a new roof, impact doors and windows, and modern finishes. It consists of two separate structures, each with its own electric meter. The main residence includes 4 bedrooms and 3 bathrooms, suitable for rental purposes. The updated guest suite features a complete kitchen and hurricane impact protection, and is currently leased at $1,600 per month. A new privacy fence separates the two units. The property is located minutes from Wynwood, Brickell, Midtown, and Miami Beach. The property offers the option to live in one unit while generating income from the other, or to lease both units.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.20359
Latitude
25.829683

FAQs

What type of property is this?
Duplex - Income-producing multifamily property in Miami's Magic City District.
Where is this duplex located?
The property is located at 421 NW 59Th St Miami, FL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: - Income-producing property with a currently leased guest suite generating $1,600/month.; - Completely remodeled multifamily home in Miami's Magic City District.; - Main residence features **4 bedrooms and 3 bathrooms**, ideal for high-yield rental.
More about this property
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