$1,900,000
$250K PRICE DROP

Estimated payment $12,326/month

Total Views 1,593
-- Bed
-- Bath
7,453 Sq Ft
$255 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • 5-minute walk to African Square Park
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

Proud to present a 12-unit multifamily property at 1575 NW 59th Street, Miami, situated in a high-demand rental area. This income-producing property features 10 spacious 1-bedroom, 1-bath units and 2 studio apartments, all recently updated. With strong rental income and high tenant demand, this property offers immediate cash flow and long-term investment potential. A great opportunity to own in a growing market.

Listing Agent

Christie Mosquera

Keller Williams Capital Realty License #3489514

Keller Williams Capital Realty

Co-Listing Agent

Ariana Bravo

Keller Williams Capital Realty License #3477856

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,654

Year Built

  • Built in 1962

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,453 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 2 Units
  • Orange Heights Condos
  • Orange Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-14-035-2490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,654

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Co List Office Mls Id: KWCG01
  • Co List Office Phone: 305-662-7325
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: ORANGE HEIGHTS
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 7453
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ORANGE HEIGHTS
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-14-035-2490
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 20654

Multi Family

  • Number Of Units In Community: 2

Map

Range of Values:

Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2025 03/22/25 Price Changed $1,900,000 -11.6% $255 / Sq Ft
03/11/2025 03/11/25 For Sale $2,150,000 +2429.4% $288 / Sq Ft
02/07/2013 02/07/13 Sold $85,000 -28.6% $14 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
10/02/2012 10/02/12 For Sale $119,000 -- $20 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11761508

MIAMI REALTORS® MLS