$779,000

421 NW 59th St, Miami, FL 33127

1,556 sqft

Duplex
Built in 1926
—— sqft lot
—— car garage
$501/sqft
Listed 1 day ago

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.

Listing Status:: Active
Date Added:: December 15, 2025 at 06:00AM
Listing Office:: Element Real Estate Group : 786-206-9077
Listing Agent:: Eduardo Lopez : 305-399-1887
MLS ID:: A11931014

Flooring: Vinyl
A/C: Central Air
Heating: Central

General: Fruit Trees

Roofing: Flat Roof With Facade FrontCurved/S-Tile Roof
General: Concrete Block Construction1

Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: 5700COLLEGE PARK PB 9-61 LOT 9 BLK 3 LOT SIZE 50.000 X 116 OR 21105-1483 03 2003 5 COC 25335-3635/25335-3635 0107 101-31-13-030-0400
Fencing: Fenced

Water: Municipal Water
Sewer: Public Sewer

Source: Miami Association of REALTORS®

This listing courtesy of Eduardo Lopez, Element Real Estate Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Edison Park K-8 Center

500 NW 67th St, Miami, FL, 33150

Grades PK-5

0.44 miles away

Georgia Jones-Ayers Middle School

1331 NW 46th St, Miami, FL, 33142

Grades 6-8

1.25 miles away

Miami Edison Senior High School

6161 NW 5th Ct, Miami, FL, 33127

Grades 9-12

0.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.