$1,070,000
1286 NW 59th St, Miami FL 33142
110 days on marketPrice reduced $10,000 on Oct 30, 2026
- Living area
- 3,596 sqft
- Price per sqft
- $298
- Type
- Quadruplex
- Year built
- 1965
- Taxes
- $12,356/yr
- MLS #
- A12052741
About this home
Prime income-producing fourplex in the heart of Miami! This turnkey investment features four fully occupied 2-bedroom, 1-bathroom units, each generating $2,400 per month, providing immediate and reliable rental income. The property has successfully completed its 40-year recertification, and the roof was replaced just two years ago, offering added value and peace of mind for the new owner. Ideally located just minutes from Wynwood, the Design District, Downtown Miami, Miami International Airport, I-95, SR-112, shopping, dining, schools, and public transportation. Strong rental demand, an excellent location, and solid cash flow make this an outstanding addition to any investment portfolio. Don’t miss this exceptional opportunity!
Estimated subtotal
$1,030/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $1,030
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33142
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Realty One Group Evolution
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.