1286 NW 59th Street, Miami, FL 33142 (MLS# A12052741)

1286 NW 59th Street, Miami, FL 33142

$1,080,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12052741

Property Type: Residential Income Square Footage: 3,596 Status: Active

Current Price: $1,080,000 List Date: 7/13/2026 Last Modified: 7/15/2026

Overview

Description

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!

Listing Details MLS# A12052741

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 3596
Living Area Main: 3596
Adjusted Area Main: 2958
Year Built: 1965
Parking Total: 4
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: None Flooring: Ceramic Tile Property Condition: Resale Structure Type: Multi Family Construction Materials: CBS Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; FHA; FHA-VA Approved Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: City/County Utilities: Cable Not Available Showing Requirements: 24 Hour Notice Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 3 Parking Features: Parking Space Unit 4 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 1080000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1286
Street Direction Prefix: NW
Street Name: 59th
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33142
Postal Code +4: 2652
Postal Zip: 33142
Subdivision Name: ORCHARD VILLA EXTENSION
Area: 2310
Elementary School: Orchard Villa
Middle Or Junior School: Brownsville
High School: Miami Northwestern
Parcel Number: 0131140431180
Subdivision Number: 43
Zoning: 3901
Flood Zone: AH

Financial Information

Tax Annual Amount: 12356
Tax Year: 2025
Tax Legal Description: 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
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-13T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-13

More Information

Income and Expenses

Gross Income: 9600

Unit 1 Details

Actual Rent: 2400
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 2400
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 2400
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 2400
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 4 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 300.33

Section Details

Parcel Number MLX: 1180

Originating Details

Originating System Key: 530838934
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Ceramic Tile: Yes

Property Condition

Resale: Yes

Documents Available

None: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Not Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
FHA-VA Approved: Yes

Roof

Shingle: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes

Tax Information

City/County: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 4 Parking Features

Parking Space: Yes

Listing Office: Realty One Group Evolution

Last Updated: July - 15 - 2026

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