Updated 5-plex situated on a 11,600sf double lot zoned T3-0. Pro-forma 8.29% cap rate by increasing rents to market. All tenants are month to month. Property has (3) separate structures providing 3,203sf of living area. Three units are 2/1's and two are 1/1's. New upgrades include roof, hurricane-impact windows, plumbing, kitchen, floors and bathrooms. Little Haiti has an exciting future located minutes from Wynwood with major new projects like the Innovation District and plans to redevelop 65-acres into 5,000 workforce housing. Please DO NOT disturb tenants. Showing request approved after an offer is presented
Sold for $1,050,000
Street View
$1,050,000
442 NW 59th Ter, Miami, FL 33127
8beds
3,203sqft
Single Family Residence
Built in 1937
-- sqft lot
$1,198,700 Zestimate®
$328/sqft
$5,592 Estimated rent
Home value
$1,198,700
$1.08M - $1.34M
$5,592/mo
Zestimate® history
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List your homeWhat's special
Separate structuresInnovation districtNew upgradesHurricane - impact windows
Zillow last checked:
Listing updated:
Listed by:
Alexandra Philius 786-247-7181,
Compass Florida, LLC,
Andres Perez-Cervera 305-450-9133,
Compass Florida, LLC.
Bought with:
Salesperson Non Member
Non-MLS Member
Source: MIAMI,MLS#: A11575178
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Other
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Electric Range
- Laundry: Washer/Dryer Hook-Up
Features
- Flooring: Ceramic Tile, Other
Interior area
- Total structure area: 3,303
- Total interior livable area: 3,203 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway
- Garage spaces: 8
- Has uncovered spaces: Yes
Features
- Stories: 2
- Entry location: First Floor Entry, Second Floor Entry
- Exterior features: Balcony
- Pool features: R30-No Pool/No Water
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0131130300430
- Zoning: 5700
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete Block Construction
- Foundation: Raised
- Roof: Shingle
Condition
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & neighborhood
Community
- Community features: None, No Subdiv/Park Info
Location
- Region: Miami
- Subdivision: Little Haiti
Other
Other facts
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2024 | Sold | $1,050,000-12.5%$328/sqft |
Source:  MIAMI #A11575178 Report a problem | ||
| 4/24/2024 | Pending sale | $1,199,995$375/sqft |
Source: MIAMI #A11575178 Report a problem | ||
| 4/24/2024 | Listed for sale | $1,199,995$375/sqft |
Source: MIAMI #A11575178 Report a problem | ||
| 4/5/2024 | Listing removed | -- |
Source: MIAMI #A11459148 Report a problem | ||
| 2/16/2024 | Price change | $1,199,995-4%$375/sqft |
Source: MIAMI #A11459148 Report a problem | ||
| 12/6/2023 | Price change | $1,250,000-3.8%$390/sqft |
Source: MIAMI #A11459148 Report a problem | ||
| 10/16/2023 | Listed for sale | $1,299,000+1428.2%$406/sqft |
Source: MIAMI #A11459148 Report a problem | ||
| 8/20/2014 | Listing removed | $85,000$27/sqft |
Source: DMC Universal Realty, Inc #A1942201 Report a problem | ||
| 7/11/2014 | Pending sale | $85,000$27/sqft |
Source: DMC Universal Realty, Inc #A1942201 Report a problem | ||
| 7/11/2014 | Listed for sale | $85,000-79.3%$27/sqft |
Source: DMC Universal Realty, Inc #A1942201 Report a problem | ||
| 11/16/2006 | Sold | $410,000+64%$128/sqft |
Source: Public Record Report a problem | ||
| 10/22/2004 | Sold | $250,000+53.4%$78/sqft |
Source: Public Record Report a problem | ||
| 1/9/2003 | Sold | $163,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,817 +60% | $615,201 +164.1% |
| 2024 | $8,635 +6.8% | $232,977 +10% |
| 2023 | $8,088 +16.4% | $211,798 +10% |
| 2022 | $6,951 +6% | $192,544 +10% |
| 2021 | $6,560 +10.1% | $175,040 +10% |
| 2020 | $5,961 +8% | $159,128 +10% |
| 2019 | $5,521 +8.3% | $144,662 +10% |
| 2018 | $5,097 | $131,511 +10% |
| 2017 | $5,097 +6.6% | $119,556 +10% |
| 2016 | $4,783 +16.8% | $108,688 +10% |
| 2015 | $4,095 +5.9% | $98,808 +10% |
| 2014 | $3,867 +20.9% | $89,826 +10% |
| 2013 | $3,197 | $81,660 +10% |
| 2012 | $3,197 -27.1% | $74,237 -37.3% |
| 2010 | $4,384 -19.9% | $118,310 -32.2% |
| 2009 | $5,470 -7.6% | $174,418 |
| 2006 | $5,919 | -- |
| 2005 | $5,919 +7.1% | -- |
| 2004 | $5,528 +29.1% | -- |
| 2002 | $4,283 | -- |
| 2001 | $4,283 | -- |
Find assessor info on the county website
Neighborhood: Little Haiti
Nearby schools
GreatSchools rating
- 6/10Toussaint L'Ouverture ElementaryGrades: PK-5Distance: 0.6 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Miami Edison Senior High SchoolGrades: 9-12Distance: 0.1 mi
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Estimated market value
$1,198,700
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Estimated market value
$1,198,700
- Florida
- Miami-Dade County
- Miami
- 33127
- Little Haiti
- 442 NW 59th Ter
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