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421 NW 59th StMiami, FL 33127

For Sale

$780,000

Smart Buyer Rebate $7,800

Property size is 1,884 square feet. Income producing opportunity in the heart of Miami's rapidly transforming Magic City District. This multifamily home has been completely remodeled. Brand new roof, impact doors and windows, new appliances with modern finishes throughout. Just minutes from Wynwood, Brickell, Midtown & Miami Beach. The property features two separate structures, each with its own electric meter. The main residence offers 4bed/3bath, ideal for a high-yield rental. Behind it, the updated guest/in-law suite includes a complete kitchen, hurricane impact protection, and is currently leased at $1,600/M. Brand new privacy fence provides privacy and comfort between the two units. Live in one unit while generating passive income from the other, or maximize returns by leasing both.

Listed by Eduardo Lopez

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License #3518455

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Element Real Estate Group

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305-399-1887

Last updated October 18, 2025

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Source: MIAMIRE #A11872551

Listing Facts

  • TypeMulti-family
  • NeighborhoodEdison
  • Days on Prevu97
  • Taxes$5,241/year
  • Size1,556 sqft
  • Price per sqft$501

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/11/2025
Price Decreased
$780,000
09/04/2025
Listed by Element Real Estate Group
$799,495

Property Details for 421 NW 59th St

Association

General

  • Number Of Units In Community: 2

Exterior

Construction

  • Property Condition: Substantially Remodeled
  • Roof: Flat Roof With Facade Front, Curved/S-Tile Roof
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Duplex
  • Year Built: 1926
  • Year Built Details: Effective Year Built
  • Building Name: COLLEGE PARK
  • Construction Materials: Concrete Block Construction
  • Exterior Features: Fruit Trees

Features

  • Fencing: Fenced

Measurements

  • Building Area Total: 1,884
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-13-030-0400
  • Tax Annual Amount: $5,241.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Vinyl

Measurements

  • Living Area: 1,556
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: COLLEGE PARK

Parking

Parking

  • Parking Total: 6

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 421 NW 59th St.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 421 NW 59th St.

What are the annual taxes for 421 NW 59th St?

Annual taxes for this multi-family home are estimated at $5,241.

How does 421 NW 59th St compare to other multi-family homes in Edison?

This multi-family home is listed 21% below the average price for multi-family homes in Edison and has been on the market for 1 less day than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the COLLEGE PARK building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,556 sqft.

421 NW 59th St is a -bedroom multi-family home for sale in Miami FL 33127. Available on Prevu for 97 days at $780,000. This includes a recent price decrease of $19,495. This home features 1,556 square feet of living space, located in Edison. The median listing price for multi-family homes in this area is $779,000. Additional amenities include pets allowed, air conditioning, and parking. Browse more multi-family home listings in Miami.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.