1261 NW 59th Street, Miami FL 33142
Multi Family in Miami
$3,650,000
n/a
n/a
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Multi Family, Commercial Sale
Details
Overview
Description
City Apartments is an 18-unit multifamily property located at 1261 NW 59th Street, Miami, Florida 33142. Built in 1957, the property totals 10,485 square feet and sits on a 0.24 acre lot. The unit mix consists of twelve one-bedroom/one-bathroom units averaging 500 square feet and six two bedroom / one-bathroom units averaging 590 square feet. The property features wall-unit air conditioning, and separate electric meters for all units, reducing ownership expenses and simplifying operations. Strategically located in the heart of Miami’s Liberty City neighborhood, City Apartments benefits from extensive ongoing redevelopment and reinvestment in the surrounding area. The property is positioned near the Liberty Square redevelopment, a $300+ million public-private partnership transforming the historic neighborhood with over 1,400 new mixed-income housing units, retail, and community spaces. It is also minutes from the Miami Innovation District, Wynwood, Allapattah, and the Miami Health District, all major employment and growth drivers contributing to strong rental demand and steady population inflow. With modernized building systems, and proximity to several large-scale development projects reshaping Miami’s urban core, City Apartments represents an outstanding opportunity to acquire a stabilized, cash-flowing asset with long-term appreciation potential in one of the city’s most active redevelopment corridors.
This multi family home located at 1261 NW 59th Street, Miami FL 33142 is currently for sale and has been available on Brickellsold for 105 days. This property is listed at $4M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1957. 1261 NW 59th Street, Miami FL 33142 is in Miami county Miami-Dade County.
Interior
- Flooring: Vinyl
- Common walls with other units/homes:
Property
- Parking Features: Common
- Entry location:
- Exterior Features:
- View Description:
Construction
- Year Built: 1957
Community & HOA
- Security Features: Smoke Alarm, Fire Alarm
- Amenities:
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- Orchard Villa Elementary • 0.0 mi • K-12
- Holmes Elementary • 0.0 mi • K-12
- Charles R. Drew K-8 Center • 0.0 mi • K-12
- Thena C. Crowder Early Childhood Diagnostic SP ED • 0.0 mi • K-12
- Miami Northwestern Senior High • 0.0 mi • K-12
- Dr. Martin Luther King @ Liberty City PLC • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.