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 September 04, 2025
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Source: MIAMIRE #A11872551
Listing Facts
TypeMulti-family
NeighborhoodEdison
Days on Prevu2
Taxes$5,241/year
Size1,556 sqft
Price per sqft$514
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
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
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.
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.