Commercial property in Miami, Florida 144.56 sq.m. № 1989754

Commercial property in Miami, Florida 144.56 sq.m. № 1989754
ID1989754 $ 779 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1989754

Property 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.
MLS #: A11931014
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CityMiami
Address421 NW 59th St, Miami FL 33127
TypeCommercial property
Living space144.56 m²
  • sq. ft
Completion dateIV quarter, 1926
Parking places6
Price
  • Price
  • per m²
$ 779 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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