$1,100,000

Estimated payment $7,277/month

Total Views 965
-- Bed
-- Bath
3,704 Sq Ft
$297 Price per Sq Ft

Highlights

  • Balcony
  • Open Patio
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Fenced
  • 4-minute walk to Lemon City Park

About This Home

Recently Renovated Turnkey Investment - Fully Occupied Quadplex in Prime Miami LocationWelcome to 35 NE 59th Street, Miami, FL 33137 - a rare chance to a quadplex in one of Miami's fast-growing neighborhoods. This income-producing property offers four spacious 2-bed, 1-bath units, each over 800 sq ft. All units are fully occupied with long-term tenants, delivering stable cash flow from day one.Located just two blocks from Toussaint Louverture Elementary and close to public transit, parks, and more. The street benefits from strong police presence, adding peace of mind for tenants and owners.Ideal for investors seeking steady returns and future upside, this turnkey asset is ready to go.

Listing Agent

Steven Taracevicz

Partnership Realty Inc. License #3436656

Partnership Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,789

Year Built

  • Built in 1947

Lot Details

  • 5,100 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,704 Sq Ft Home
  • 2-Story Property

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-31-13-051-0580
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Rockmoor Villa Track Subdivision

Building Details

  • Operating Expense $84,117
  • Net Operating Income $8,892

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,789

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1947
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 3704.0

Exterior Features

  • Exterior Features: Balcony, Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 01-31-13-051-0580
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 5100.0
  • Zoning Description: 4600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 8892.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 84117.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13789.0

Map

Range of Values:

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Average Value
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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
04/04/2025 04/04/25 For Sale $1,100,000 0.0% $297 / Sq Ft
04/04/2017 04/04/17 Rented $1,200 0.0% --
04/03/2017 04/03/17 Under Contract -- -- --
03/13/2017 03/13/17 For Rent $1,200 -- --
Source: BeachesMLS

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Source: BeachesMLS

MLS Number: R11078577

BeachesMLS