225 Nw 59th St, Miami, FL 33127

$659,900
5
BD
2
BA
1,226
SqFt

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List Price
$659,900
Price Change
▼ $25,100 1789096753
MLS#
A12081761
Bedrooms
5
Bathrooms
2
Sq. Ft
1,226
Lot Size
5,800
Subtype
Single Family Residence
County
Miami-Dade
Community
College Park Addn
Subdivision
College Park Addn
Year Built
1950

Property Description

Excellent investment, with a gross rental yield of over 7% on the price. Prime income-producing duplex opportunity one of Miami’s most strategically located and evolving neighborhoods. Minutes from Wynwood, Midtown and the Miami Design District. Situated on a generous 5,800 SF lot, this property features two separate residences—a 2-bedroom unit and a 3-bedroom unit—both currently rented and generating a combined $4,300 in monthly rental income, offering immediate cash flow from day one. An ideal opportunity for investors, or for a future owner-occupant looking to live in one unit while generating income from the other. The property offers ample on-site parking and a distinctive tropical setting highlighted by beautiful, mature mango trees. Ideally positioned just minutes from Wynwood, Midtown Miami, the Miami Design District, and major thoroughfares, with convenient proximity to the Magic City Innovation District – Little Haiti, a major mixed-use development envisioned around innovation, technology, culture, and urban growth. A compelling opportunity to own an income-producing property in a high-growth Miami location with both immediate rental income and long-term investment potential.

Additional Information

Front Exposure
South
Status Label
ACTIVE
Construction
Concrete Block Construction, Brick
Cooling
Other
Equipment
Dryer, Electric Water Heater, Microwave
Flooring
Other
Heating
Electric
Lot Description
Less Than 1/4 Acre Lot
Parking
Additional Spaces Available
Roof
Flat Tile
Bedroom Description
Other
Taxes
$4,334
View
None
Roofing
Flat Tile
Price Per Sqft
$538

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Calculator source: Real Geeks

Listing Courtesy Of Semsch Realty, Contact: