1286 NW 59th St Miami, FL 33142
MULTI_FAMILY - Other - Miami, FL
Property Features for 1286 NW 59th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 7, Bathroom 4, Bedroom 1, Bedroom 8
- Parking
- 4
- Standard status
- Active
- APN
- 01-31-14-043-1180
- Size
- 3,596 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ORCHARD VILLA EXT PB 17-55 LOT 2 BLK 7 LOT SIZE 50.000 X 106 OR 19194-2034 06 2000 5 COC 24293-3341 06 2005 4
- Tax Annual Amount
- 12356
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Johana Parra License #3371418 (786) 314-3149
Listing office Realty One Group Evolution 2822 NW 79th Ave, Doral, FL (786) 477-4715
Listing date Jul 13, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Miami-Dade County near major routes and daily conveniences, the property is described as minutes from Wynwood, the Design District, Downtown Miami, Miami International Airport, I-95, SR-112, shopping, dining, schools, and public transportation.
The current configuration provides a straightforward four-unit residential setup for investors seeking an occupied multifamily asset with recent roof improvements and completed recertification.
Key Highlights
- Income‑producing fourplex with four fully occupied 2‑bedroom, 1‑bathroom units
- Each unit is rented for $2,400 per month
- Roof replaced about 2 years ago
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.0k | $30.60 |
| − Vacancy | −$7.0k | −$1.95 |
| EGI | $103.0k | $28.65 |
| − OpEx | −$30.9k | −$8.60 |
| NOI | $72.1k | $20.06 |
