1261 NW 59th Street, Miami FL 33142

Description of 1261 NW 59th Street, Miami FL 33142

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.

Property Details for 1261 NW 59th Street, Miami FL 33142

Flooring

Vinyl

Parking Features

Common

Pool Private

No

Year Built Details

Resale

Building Information for 1261 NW 59th Street, Miami FL 33142

Building Area Total

10485

Building Area Units

Square Feet

Stories

3

Stories Total

3

Association

No

Security Features

Smoke Alarm, Fire Alarm

Property Information for 1261 NW 59th Street, Miami FL 33142

Lot Features

City Location, Fenced

Lot Size Square Feet

10,600

Waterfront

No

View

No

Construction Materials

Concrete Block Construction, CBS Construction, Plaster

Roof

Concrete

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Public Records for 1261 NW 59th Street, Miami FL 33142

Parcel Number

01-31-14-043-1130

Tax Annual Amount

$35,705

Tax Year

2,025

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

Zoning

3901

County Or Parish

Miami-Dade County

Location