1261 NW 59th St Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33142
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,454 sqft
Price per Sqft $412
MLS Listing ID A11854941
Year Built 1957
Annual Tax Amount $32,940
Lot Size 10,600 Sqft
Property Sub-Type Multi Family
Property Description
Turnkey 18-unit multifamily located in a high-demand Opportunity Zone, delivering a strong 7% cap rate. The property includes 6 spacious 2BD/1BA units and 12 1BD/1BA units. Zoned T4-L, the 9,454 SF building sits on a 10,600 SF lot. Perfect for long-term investors seeking steady cash flow and significant appreciation potential in a rapidly growing area.
Location
State FL
County Miami-dade
Area 31
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11854941