1258 NW 61st St Miami, FL $ 925,000
1258 NW 61st St
$ 925,000
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1258 NW 61st St

Miami, FL, 33142
$ 925,000
Bedrooms2 Baths1.0 Sq 3,028

Monthly Estimate*

$ 5,540

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1258 NW 61st St, Miami, FL 33142 - Image 12
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1258 NW 61st St, Miami, FL 33142 - Image 14
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1258 NW 61st St, Miami, FL 33142 - Image 17
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Multi-Family Home for sale in Miami, FL

for $925,000 with 2 bedrooms and 1 full bath. This 3,028 square foot home was built in 1959.

Great investment return potential with increasing property value, this renovated Fourplex near Liberty City Square, an up and coming multibillion dollar development is a great purchase for first time homebuyers or savvy investors. Each unit has 2 bedrooms and 1 bathroom. Owner recently painted, updated the roof, driveway and minor electrical. Two tenants are months to month paying $1595 so property is perfect for FHA buyer or Conventional primary. The other two tenants lease expires February 2025 they are renting for $1800 and $1850. Mostly Expenses include trash $185, lights $32, and Lawn service $50 per month. Section 8 Rental income potential at $2250 per unit is $9000.

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Multi-Family Pending

Price

$ 925,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 11,000

Style

Fourplex

Year Built

1959

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11602823

Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableNotAvailable
Possession CloseOfEscrow
Roof Flat Tile
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1959
Stories 2
Levels Two
Property SubType Quadruplex
Tax Year 2023
County Miami-Dade County
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Contingency No Contingencies
Subdivision Name ORCHARD VILLA EXTENSION
Garage Y/N N
Rent Includes Gardener TrashCollection
Status Pending
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description 3901
MLS Area 31
Lot Size Units SquareFeet
Private Pool N
Waterfront Y/N N
Carport Y/N N
Terms Cash Conventional FHA VALoan
Property Attached Y/N N
Year Built Details Effective Year Built
Land Lease Y/N N
Tax Annual Amount 11000.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11602823
Days on Market 67
Standard Status Pending
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description ORCHARD VILLA EXT PB 17-55 LOT 5 BLK 3 LOT SIZE 50.000 X 106 OR 20707-1885 09 2002 1 COC 26013-2031 10 2007 3
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Interior
Flooring Concrete Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Item14to12AcreLot
Total Parking 4.0
Spa N
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1258
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* Excluded Features
List By
Jpm Services

Broker

jjohnsonmiami@yahoo.com

Email

Affordability Calculator

$6,457
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,540
Monthly Property Taxes
$917
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/10/2024$925,000 -5.13% Price Down
7/23/2024$975,000 -11.36% Price Down
7/17/2024$1,100,000 -7.95% Price Down
6/7/2024$1,195,000 Listed Price

Map


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1258 NW 61st St, Miami, FL, 33142 is a Multi-Family Home for sale at $925,000 with 3,028 sqft. 1258 NW 61st St has 2 bedrooms, 1.0 baths, and was built in 1959. The property's zip code is 33142 which is in Miami, FL