1286 59th Street, Miami, FL 33142

$1,070,000 — Active

Property Features

Map Map It    Virtual Tour

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!

▼ Price Reduced β€” originally listed at $1,080,000

Property Details

  • Listing ID: A12052741
  • Status: Active
  • Listing Date: 2026-07-13
  • Property Type: Quadruplex
  • Subdivision: ORCHARD VILLA EXTENSION
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 3,596
  • Year Built: 1965

Financial

  • List Price: $1,070,000
  • Original List Price: $1,080,000
  • HOA Fee: None
  • Taxes: $12,356/yr

Features & Amenities

  • Cooling: Central Air
  • Heating: Central, Separate Meters
  • Flooring: Ceramic Tile
  • Construction: CBS
  • Roof: Shingle

Courtesy of Realty One Group Evolution

Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listings updated Nov 10, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.