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Pinnacle Real Estate Group – FL

1286 NW 59th Street, Miami, FL 33142 (MLS# A12052741)

1286 NW 59th Street, Miami, FL 33142

$1,080,000
Property Type: Residential Income Square Footage: 3,596 Status: Active
Current Price: $1,080,000 List Date: 8/10/2026 Last Modified: 9/20/2026

Overview

Description

Prime income-producing fourplex in the heart of Miami! This turnkey investment features four fully occupied 2-bedroom, 1-bathroom units, each generating $2,400 per month, providing immediate and reliable rental income. The property has successfully completed its 40-year recertification, and the roof was replaced just two years ago, offering added value and peace of mind for the new owner. Ideally located just minutes from Wynwood, the Design District, Downtown Miami, Miami International Airport, I-95, SR-112, shopping, dining, schools, and public transportation. Strong rental demand, an excellent location, and solid cash flow make this an outstanding addition to any investment portfolio. Don’t miss this exceptional opportunity!

Listing Details MLS# A12052741

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
3596
Living Area Main
3596
Adjusted Area Main
2958
Year Built
1965
Parking Total
4
Stories Total
2
Pool Private YN
No

Property Features

Documents Available: None Flooring: Ceramic Tile Property Condition: Resale Structure Type: Multi Family Construction Materials: CBS Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; FHA; FHA-VA Approved Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: City/County Utilities: Cable Not Available Showing Requirements: 24 Hour Notice Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 3 Parking Features: Parking Space Unit 4 Parking Features: Parking Space

Contract Information

Comp Sale YN
No
Original List Price
1080000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1286
Street Direction Prefix
NW
Street Name
59th
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33142
Postal Code +4
2652
Postal Zip
33142
Subdivision Name
ORCHARD VILLA EXTENSION
Area
2310
Elementary School
Orchard Villa
Middle Or Junior School
Brownsville
High School
Miami Northwestern
Parcel Number
0131140431180
Subdivision Number
43
Zoning
3901
Flood Zone
AH

Financial Information

Tax Annual Amount
12356
Tax Year
2025
Tax Legal Description
ORCHARD VILLA EXT PB 17-55 LOT 2 BLK 7 LOT SIZE 50.000 X 106 OR 19194-2034 06 2000 5 COC 24293-3341 06 2005 4

Status Change Information

Major Change Timestamp
2026-08-10T01:38:13Z
Major Change Type
Back on Market
Status Change Date
2026-08-09

More Information

Income and Expenses

Gross Income
9600

Unit 1 Details

Actual Rent
2400
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 1 Lease Description

Lease Term
Month To Month

Unit 2 Details

Actual Rent
2400
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 2 Lease Description

Lease Term
Month To Month

Unit 3 Details

Actual Rent
2400
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 3 Lease Description

Lease Term
Month To Month

Unit 4 Details

Actual Rent
2400
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 4 Lease Description

Occupant Type
Vacant

Price Calculations

Current Price To SqFt
300.33

Section Details

Parcel Number MLX
1180

Originating Details

Originating System Key
530838934
Originating System ID
M00000151
IDX
Listing Office: Realty One Group Evolution
Last Updated: September - 20 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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