Description

Fully renovated income-producing FOURPLEX in a rapidly developing Miami corridor. Each of the four units offers 2 bedrooms and 1 bathroom, all currently rented, delivering immediate and stable cash flow with nearly an 8% return. Property features a brand-new roof installed one year ago and has been completely remodeled throughout, minimizing deferred maintenance and future capital expenditures. Strategically located in Liberty City with quick access to Wynwood, Allapattah, and Downtown Miami, placing the asset within minutes of major employment centers, cultural districts, retail, and ongoing redevelopment areas. Strong rental demand supported by central location and connectivity to I-95 and main thoroughfares.

Address

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Address: 59th St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33142
Area: ORCHARD VILLA EXTENSION

Details

Updated on March 16, 2026 at 4:24 am

Property ID A11921525
Price $1,089,999
Property Size 3596 Square Feet
Year Built 1965
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Attached
BuildingAreaTotal 3596
BuildingAreaUnits Square Feet
BuildingName ORCHARD VILLA EXTENSION
ConstructionMaterials Concrete Block Construction, Brick, CBS Construction, Composition Shingle
ContractStatusChangeDate 2025-11-26
Cooling Central Air
DaysOnMarket 109
DocumentsAvailable None
ExpirationDate 2026-11-25
Flooring Ceramic Floor, Other
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 814-470-2123
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot, Other Lot Description, Regular Lot
LotSizeSquareFeet 0
MLSAreaMajor Orchard Villa Extension
MajorChangeTimestamp March 16, 2026 at 02:21am
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp March 16, 2026 at 02:21am
NumberOfUnitsInCommunity 4
NumberOfUnitsTotal 4
OnMarketDate 2025-11-26
OriginalEntryTimestamp November 26, 2025 at 05:33pm
OriginalListPrice 1090000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-14-043-1180
ParkingTotal 1
PhotosChangeTimestamp November 26, 2025 at 05:36pm
PhotosCount 22
PostalCodePlus4 2652
PreviousListPrice 1090000
PriceChangeTimestamp March 16, 2026 at 02:21am
PublicSurveyRange 31
PublicSurveySection 14
PublicSurveyTownship 31
RentIncludes Electricity, Gas, Hot Water, Water
Roof Shingle
Sewer Public Sewer
ShowingContactType Agent, Call Listing Office
ShowingInstructions Call Listing Agent, Call Listing Office
SourceSystemKey 423679243
StateOrProvince FL
StatusChangeTimestamp November 26, 2025 at 05:33pm
Stories 1
StoriesTotal 1
StreetDirPrefix NW
StreetName 59th St
StreetNumber 1286
StreetNumberNumeric 1286
StructureType Quadruplex, Fourplex
SyndicationRemarks Fully renovated income-producing FOURPLEX in a rapidly developing Miami corridor. Each of the four units offers 2 bedrooms and 1 bathroom, all currently rented, delivering immediate and stable cash flow with nearly an 8% return. Property features a brand-new roof installed one year ago and has been completely remodeled throughout, minimizing deferred maintenance and future capital expenditures. Strategically located in Liberty City with quick access to Wynwood, Allapattah, and Downtown Miami, placing the asset within minutes of major employment centers, cultural districts, retail, and ongoing redevelopment areas. Strong rental demand supported by central location and connectivity to I-95 and main thoroughfares.
TaxAnnualAmount 12871
TaxLegalDescription 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
TaxYear 2024
WaterSource Municipal Water
YearBuiltDetails Resale
Zoning 3901