Miami, FL·For Sale
1261 NW 59th Street
Offered at
$3,650,000
1261 NW 59th Street, Miami, FL 33142
- 0
- Beds
- 0
- Full Baths
- 10,485
- Sq.Ft.
Listing courtesy of Camilo De la Cruz Perez, Home Sold Realty LLC
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.
Overview
At a glance
- Property Type
- Commercial Sale
- Property Sub-Type
- Multi Family
- Address
- 1261 NW 59th Street, Miami, FL 33142
- Zoning
- 3901
- MLS ID
- F10556385
- Listing Date
- 2026-03-05
- Last Updated
- 5/19/2026, 10:39:07 AM
- Days on Market
- 98
Features & Amenities
The Details
Interior
- Flooring
- Vinyl
Exterior
- Construction
- Block, CBS
- Fencing
- Fenced
- Parking
- Common
- Water Source
- Public
- Sewer
- Public Sewer
- Security
- Fire Alarm
Details
- Building Area
- 10,485 sq.ft.
- Lot Size
- 10,600 sq.ft.
- Lot Size (Acres)
- 0.2433 acres
- Stories
- 3
- Year Built
- 1957
- County
- Miami-Dade
- Zoning
- 3901
Financial
- List Price
- $3,650,000
- Original List Price
- $3,650,000
- Annual Tax
- $35,705/yr
- Tax Year
- 2025
Location
Inquire
Request a Private Showing
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Learn More →Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.