1261 NW 59th Street

Miami, FL 33142
$3,650,000
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-bathroomRead MoreRead Less
Courtesy of Home Sold Realty LLC, 833-700-2782
Listing Snapshot
Days Online
93
Last Updated
Property Type
Multi Family
Lot Size
0.24 Acres
Year Built
1957
MLS Number
F10556385
30 Days Snapshot Of 33142
$459k
+7%
(avg) sold price
15
+50%
homes sold
70
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: City Street, City
Building
Construction Materials: Concrete Block Construction, CBS Construction, Plaster, Stories: 3, Year Built: 1957, Year Built Details: Resale, Building Area Total: 10485, Structure Type: Commercial Condo, Commercial, Multi Family
Community
Units In Community: 18
Expenses
Insurance Expense: 52000, Maintenance Expense: 7200, Operating Expense: 154418, Other Expense: 14910, Trash Expense: 6600
Fence
Fencing: Fenced
Floors
Flooring: Vinyl
Water Features
Water Source: "Public"
Income
Gross Income: $408,618, Gross Scheduled Income: $466,560, Net Operating Income: $154,418
Lot
Acres: 0.2433, Square Feet: 10600, Features: City Location, Fenced
Miscellaneous
Inclusions: Land Only, Business; Building And Land
Parking
Parking Total: 18, Features: Common
Roof
Roof: Concrete
Security Features
Features: Smoke Alarm, Fire Alarm
Sewer
Sewer: Public Sewer, Public Sanitation, Sewer
Taxes
Parcel Number: 01-31-14-043-1130, Tax Annual Amount: $35,705, New Taxes Expense: 35705, Tax Legal Description: 14 53 41 ORCHARD VILLA EXT PB 17-55 LOTS 24 AND 25 BLK 6 LOT SIZE 100.000 X 106 OR 12425-1653 0185 4, Tax Year: 2025
Tenant Pays
Tenant Pays: Electricity
Utilities
Electric On Property YN: t, Electric: Separate Meters
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Jessica Imbesi Dantes
Global Luxury Specialist
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