$3,650,000

1261 NW 59th Street, Miami, FL 33142

10,485 sqft

Multi-Family Home
Built in 1957
10,598sqft lot
—— car garage
$348/sqft
Listed 5 months ago

Property 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.

Listing Status:: Active
Date Added:: March 5, 2026
Data Last Updated:: August 6, 2026 at 6:22AM
Listing Office:: Home Sold Realty LLC : 833-700-2782
Listing Agent:: Camilo De la Cruz Perez : 833-700-2782
MLS ID:: F10556385

Flooring: Vinyl

Parking: CommonParking spaces: 18

Roofing: Concrete
General: Concrete Block ConstructionCBS ConstructionPlaster3

Road/Access: City StreetCity
Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: 390114 53 41 ORCHARD VILLA EXT PB 17-55 LOTS 24 AND 25 BLK 6 LOT SIZE 100.000 X 106 OR 12425-1653 0185 401-31-14-043-1130
Fencing: Fenced

Utilities: Separate MetersElectricity on Property
Water: Public
Sewer: Public SewerPublic SanitationSewer

Source: Miami Association of REALTORS®

This listing courtesy of Camilo De la Cruz Perez , Home Sold Realty LLC

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Principal & Interest $
Property Taxes $
Home Insurance $
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