Updated 5-plex situated on a 11,600sf double lot zoned T3-0. Pro-forma 8.29% cap rate by increasing rents to market. All tenants are month to month. Property has (3) separate structures providing 3,203sf of living area. Three units are 2/1's and two are 1/1's. New upgrades include roof, hurricane-impact windows, plumbing, kitchen, floors and bathrooms. Little Haiti has an exciting future located minutes from Wynwood with major new projects like the Innovation District and plans to redevelop 65-acres into 5,000 workforce housing. Please DO NOT disturb tenants. Showing request approved after an offer is presented
Sold for $1,050,000 on 04/30/24
$1,050,000
442 NW 59th Ter, Miami, FL 33127
8beds
3,203sqft
Single Family Residence
Built in 1937
-- sqft lot
$1,040,300 Zestimate®
$328/sqft
$6,688 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 01, 2024 at 08:23am
Listed by:
Alexandra Philius 786-247-7181,
Compass Florida, LLC.,
Andres Perez-Cervera 305-450-9133,
Compass Florida, LLC.
Bought with:
Salesperson Non Member
Non-MLS Member
Source: MIAMI,MLS#: A11575178
Originating MLS: A-Miami Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Other
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Electric Range
- Laundry: Washer/Dryer Hook-Up
Features
- Flooring: Ceramic Tile, Other
Interior area
- Total structure area: 3,303
- Total interior livable area: 3,203 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway
- Garage spaces: 8
- Has uncovered spaces: Yes
Features
- Stories: 2
- Entry location: First Floor Entry, Second Floor Entry
- Exterior features: Balcony
- Pool features: R30-No Pool/No Water
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0131130300430
- Zoning: 5700
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete Block Construction
- Foundation: Raised
- Roof: Shingle
Condition
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & neighborhood
Community
- Community features: None, No Subdiv/Park Info
Location
- Region: Miami
- Subdivision: Little Haiti
Other
Other facts
- Listing terms: All Cash,Conventional
Services availability
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Estimated market value
$1,040,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,040,300