Multifamily in Miami, FL 33127
College Park, 421 NW 59th St

Beds
1,556
SqFt
$501
$/SqFt
Mid-Tier MultifamilyProperty Type
1926Year Built
$501/SqFtPrice per sq ft
FenceExterior Features
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.
Listing Courtesy Of: Element Real Estate Group
Local Realty Services Provided By: Best of Luxury Realty
On Site: 429 DaysUpdated: 385 Days agoPage Views: 0

Features

MLS Number: A11872551
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence, FruitTrees, SecurityHighImpactDoors
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Vinyl
      • Year Built: 1926
      • Year Built Description: Effective Year Built
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-09-04T15:56:45.000-00:00
        Taxes, Fees & More
        • Taxes: 5241

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        Price History

        Current
        $780K
        High
        $799K
        Low
        $780K
        Total Change
        -2.4%
        $802K$790K$778KSep 25Oct 25
        Date
        Event
        Price
        Change
        Price Per
        10/11/2025
        Price Reduced
        $780K
        -2.44%
        $501 ft2
        $5,396 m2
        09/04/2025
        Listed
        $799K
         
        $514 ft2
        $5,531 m2
        10/11/2025
        $780K
        Event
        Price Reduced
        Change
        -2.44%
        Price Per
        $501 ft2
        $5,396 m2
        09/04/2025
        $799K
        Event
        Listed
        Price Per
        $514 ft2
        $5,531 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Eduardo Lopez • Element Real Estate Group • Buyer Agency Compensation .
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        Community Snapshot
        4 – 4 BR
        Bedrooms
        $289K – $1.1M
        Price Tier
        805 - 3,203
        SqFt Range
        1947
        Year Build
        2
        Total Floors

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