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421 NW 59th St, 
Miami, FL 33127

$779,000


Bed


Bath


1,556

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Eduardo Lopez

Element Real Estate Group

Last updated:

December 16, 2025, 01:53 AM

MLS#

A11931014

Source:

SEFMLS

About This Home

421 NW 59th St

TURNKEY INCOME PRODUCER IN MIAMI’S BOOMING MAGIC CITY (33127)! An exceptional opportunity to own a fully remodeled multifamily property in one of Miami’s fastest-appreciating neighborhoods. Offering 1,884 SF of living space on a 5,800 SF lot east of I-95, this property delivers immediate cash flow and long-term upside just minutes from Wynwood, the Design District, Midtown, Brickell & Miami Beach. The property features two separate structures with individual electric meters, ideal for maximizing rental income. The main residence offers 4 bedrooms and 3 bathrooms, perfect for a high-yield rental or owner-occupant. The detached ADU suite includes a full kitchen, impact windows and doors, and is currently leased at $1,600/month, providing instant income. Completely renovated with brand-new roof and central A/C systems (2024), impact door and some windows, new appliances, modern finishes throughout. A new privacy fence creates separation and comfort between units. Live in one unit and rent the other, or lease both for strong cash flow in a high-demand rental corridor. Perfectly positioned in the heart of Miami’s transformation zone, this property combines location, condition, income, and appreciation potential a rare find in today’s market.

Home Facts

Multi-Family

Built in 1926

Price Summary

779,000

$500 per Sq. Ft.

MLS #:

A11931014

Last Updated:

December 16, 2025, 01:53 AM


Rooms & Interior

Interior

Living Area:

1,556 Sq. Ft.


Structure

Structure

Building Area:

1,884 Sq. Ft.

Year Built:

1926


Finances & Disclosures

Finances

Price:

$779,000

Price per Sq. Ft:

$500 per Sq. Ft.

Source:SEFMLS
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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