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College Park

$779,000

421 NW 59th St, Miami, FL 33127

Active
Last Updated: 12/16/2025

1,884 sqft

Building Size

2

Units

Details:
Building Size:    1,884 sqft
Units:    2
Year Built:    1926
Floors:    1
Parking Spots:    6
Gross Leaseable Area:    1,556
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Rent Rolls
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Vinyl
  • Construction Materials: Concrete Block Construction
Description:

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.

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