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  3. 1261 Nw 59th St Miami, FL - 33142-2623
  • MLS® #: A11854941
  • 1261 Nw 59th St
  • Miami, FL 33142-2623
  • $3,900,000
  • Business

Turnkey 18-unit multifamily located in a high-demand Opportunity Zone, delivering a strong 7% cap rate. The property includes 6 spacious 2BD/1BA units and 12 1BD/1BA units. Zoned T4-L, the 9,454 SF building sits on a 10,600 SF lot. Perfect for long-term investors seeking steady cash flow and significant appreciation potential in a rapidly growing area.

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Essential Information

  • MLS® #A11854941
  • Price$3,900,000
  • CAD Dollar$5,389,995
  • UK Pound£2,876,211
  • Euro€3,331,957
  • Bathrooms0.00
  • Acres0.00
  • Year Built1957
  • TypeBusiness
  • Sub-TypeMulti Family
  • StatusActive

Community Information

  • Address1261 Nw 59th St
  • Area31
  • CityMiami
  • CountyMiami-Dade
  • StateFL
  • Zip Code33142-2623
  • Office: Fausto Commercial Realty Consultants Inc

Property Location

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1261 Nw 59th St on www.w.jupiteroceanfrontcondos.us

Offered at the current list price of $3,900,000, this home for sale at 1261 Nw 59th St features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Miami, FL 33142-2623 . 1261 Nw 59th St is listed under the MLS ID of A11854941 and has been on the Miami real estate market for 10 days.

Facts About Miami, FL

Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of August 16th, 2025 at 3:02pm CDT (date/time).

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