2180 59Th St Miami, FL 33142
This exceptional Miami multifamily property presents a compelling investment opportunity. The 1-story, 1956-built duplex, located at 2180 NW 59th St, Miami, FL 33142, offers significant income potential. Boasting a total of six bedrooms and three bathrooms spread across two units, the property is currently generating substantial rental income. Unit 1, a 3-bedroom, 2-bathroom apartment, commands a monthly rent of $2,700, while Unit 2, a 3-bedroom, 1-bathroom unit, rents for $2,500 per month. Recent upgrades enhance the property's value and appeal, including new flooring, impact-resistant windows, a central air conditioning system, in-unit washers and dryers, updated plumbing, and renovated bathrooms. The property's strong net operating income (NOI) makes it an attractive investment. Its convenient location in a rapidly developing area of Miami-Dade County provides easy access to major highways and Downtown Miami, further enhancing its investment potential. The asking price for this income-producing asset is $740,000. This is a rare chance to acquire a well-maintained, high-performing multifamily property in a thriving Miami neighborhood.
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BalTroik Group, LLC Barber Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.