225 NW 59th Street, Miami, FL 33127
- $659,900
- 5
- BD
- 2
- BA
- 1,226
- SqFt
- List Price
- $659,900
- Days on Market
- 18
- Price Change
- ▼ $25,100 1789101847
- MLS#
- A12081761
- Year Built
- 1950
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1,226
- Acres
- 0.13
- MLS Area Major
- 2310
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
- Taxes
- $4,334
- Property Description
- Other
- Interior Features
- Other
- Appliances
- Dryer, Electric Water Heater, Microwave
- Heating
- Electric
- Air Conditioning
- Other
- Exterior Construction
- Brick, Block
- Roof
- Flat, Tile
- Garage Spaces
- 4
- Middle School
- Jose De Diego
- High School
- Miami Edison
Listing courtesy of Semsch Realty. Contact: