56135 NE 59th Street, Miami, FL 33137
$1,100,000
Property Type:
Residential Income
Square Footage:
3,704
Lot Size (sq. ft.):
5,227
Status:
Active
Current Price:
$1,100,000
List Date:
5/23/2025
Last Modified:
2/19/2026
Description
Recently Renovated Turnkey Investment - Fully Occupied Quadplex in Prime Miami Location
Welcome to 35 NE 59th Street, Miami, FL 33137 - a rare chance to a quadplex in one of Miami's fast-growing neighborhoods. This income-producing property offers four spacious 2-bed, 1-bath units, each over 800 sq ft. All units are fully occupied with long-term tenants, delivering stable cash flow from day one.
Located just two blocks from Toussaint Louverture Elementary and close to public transit, parks, and more. The street benefits from strong police presence, adding peace of mind for tenants and owners.
Ideal for investors seeking steady returns and future upside, this turnkey asset is ready to go.
More Information MLS# R11078577
Contract Information
Comp Sale YN: No
Owner Phone: 8184735822
Negotiable Seller Concessions YN: Yes
Listing Contract Date: 2025-04-04
Status: Active
Original List Price: 1100000
List Price: $1,100,000
Current Price: $1,100,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Postal Zip: 33137
Geographic Area: DADE
Special Assessment YN: No
Country: United States
Street Number: 35
Street Direction Prefix: NE
Street Name: 59th
Street Suffix: Street
State Or Province: FL
Postal Code: 33137
Subdivision Name: ROCKMOOR VILLA TRACK
Area: 2310
Parcel Number: 0131130510580
Zoning: 4600
Currently Not Used
Number Of Units Total: 4
General Property Information
Living Area Main: 3704
Gated Community YN: No
Lot Size Area: 5100
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 3704
Building Area Source: Plans
Year Built: 1947
Lot Size Acres: 0.12
Office/Member Information
DXORIGMLSID: RML
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Linoleum: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Accounting Statements: 1
Copy Of Lease(s): 1
Deposit Held: 1
Service Contracts: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Structure Type
Quadruplex: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Water: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
Heating
Electric: 1
Window/Wall: 1
Water Access
None: 1
Construction Materials
Concrete: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 84117.21
Gross Income: 93009.25
Net Operating Income: 8892.04
Source Of Expenses
Books: 1
Owner Provided: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Call Owner: 1
Pets Allowed
Number Limit: 1
Pet Details
Maximum Number Of Pets: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Open: 1
Unit 1 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1880
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 800
Unit 1 Interior Features
Pantry: 1
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Features
On Street: 1
Unit 1 Rooms
Kitchen: 1
Laundry Room: 1
Unit 2 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 1700
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 800
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
On Street: 1
Unit 2 Rooms
Kitchen: 1
Laundry Room: 1
Unit 3 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Unit 3 Details
Actual Rent: 1800
Baths Full: 1
Beds Total: 2
SqFt: 800
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
On Street: 1
Unit 3 Rooms
Kitchen: 1
Laundry Room: 1
Unit 4 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 1800
Baths Full: 1
Beds Total: 2
SqFt: 800
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Features
On Street: 1
Unit 4 Rooms
Kitchen: 1
Laundry Room: 1
Price Calculations
Current Price To SqFt: 296.97
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 13789.1
Tax Year: 2024
Tax Legal Description: 13 53 41 ROCKMOOR VILLA TR PB 4-182 LOT 18 BLK 6 LOT SIZE 50.000 X 102 OR 16342-4166 0494 1
Status Change Information
Major Change Timestamp: 2025-05-23T10:50:11Z
Major Change Type: Back on Market
Status Change Date: 2025-05-23
Originating Details
Originating System Key: 20250324000358961245000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Accounting Statements; Copy Of Lease(s); Deposit Held; Service Contracts
Electric: Three Phase
Fencing: Fenced
Flooring: Linoleum
Property Condition: Resale
Structure Type: Quadruplex
Tenant Pays: Cable TV; Electricity; Water
Source Of Expenses: Books; Owner Provided
Construction Materials: Concrete
Cooling: Wall/Window Unit(s)
Heating: Electric; Window/Wall
Listing Terms: Cash; Conventional
Pets Allowed: Number Limit
Roof: Composition
Sewer: Public Sewer
Storm Protection Details: None
Tax Information: City/County
Utilities: Cable Available; Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Call Owner
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Unit 1 Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer
Unit 1 Interior Features: Pantry
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: On Street
Unit 1 Rooms: Kitchen; Laundry Room
Unit 2 Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: On Street
Unit 2 Rooms: Kitchen; Laundry Room
Unit 3 Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: On Street
Unit 3 Rooms: Kitchen; Laundry Room
Unit 4 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: On Street
Unit 4 Rooms: Kitchen; Laundry Room
Acreage Description: Less Than 1/4 Acre Lot
Listing Office:
Partnership Realty Inc.
Last Updated: February - 19 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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