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Single Family Residence
$540,000$388 / sqft
1958 NW 59th St, Miami FL 33142
Listed
3
Bedrooms
2
Bathrooms
1,392 sqft
Interior
2002
Year built
None
HOA
Single Family Residence
Type
About this home
**Welcome to your future family home!** This beautifully updated 3-bedroom, 2-bathroom property is full of potential and ideally located in the heart of Miami. Just minutes from Miami International Airport, Downtown Miami, major expressways, convenient stores, restaurants, and everyday amenities, this home offers both comfort and convenience. Built in 2002, the property has been thoughtfully maintained and recently received extensive upgrades for added peace of mind. Within the past year, the home has received a new foundation, a brand-new kitchen featuring modern appliances, new flooring, beautifully updated bathrooms, and recessed lighting throughout. The A/C handler and exterior condenser were also replaced in 2022. Adding even more value and opportunity, the property is now zoned for a duplex, giving you the potential to expand, build, or create additional living space. Whether you're looking for a comfortable family home, an investment opportunity, or a property with room to grow, this home offers endless possibilities. Let your imagination be your guide and discover the potential this wonderful Miami property has to offer!
Features
- First Floor Entry
- Roman Tub
- Attic
- Family Room
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.