$1,150,000list price
Price cut$100,000
0 ba · 3,658 sq ft 2 to 4 units
5842 NW 12TH AVE, MIAMI, FL 33127
Listing courtesy of One Stop Realty. MLS# A12069120.On the MLS · Listed Aug 9
$1,070,000
1286 NW 59TH ST, MIAMI, FL 33142
0 baths3,596 sq ft2 to 4 unitsBuilt 1965
Updated today, November 3, 2026This home against King Heights
$298 per sq ft, 13% under the King Heights median
87 days on the market
Price cut $10,000 since it was listed at $1,080,000
$12,356 in property taxes (2025)
King Heights today: 10 homes for sale, median list price $700,000.
About this home
Prime income-producing fourplex in the heart of Miami! This turnkey investment features four fully occupied 2-bedroom, 1-bathroom units, each generating $2,400 per month, providing immediate and reliable rental income. The property has successfully completed its 40-year recertification, and the roof was replaced just two years ago, offering added value and peace of mind for the new owner. Ideally located just minutes from Wynwood, the Design District, Downtown Miami, Miami International Airport, I-95, SR-112, shopping, dining, schools, and public transportation. Strong rental demand, an excellent location, and solid cash flow make this an outstanding addition to any investment portfolio. Don’t miss this exceptional opportunity!
Zoned schools
Elementary: Orchard Villa Elementary School
Middle: Brownsville Middle School
High: Miami Northwestern Senior High
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Tacolcy Park, 0.2 mi
Grocery: Winn-Dixie, 0.6 mi
Distances from the center of King Heights, MIAMI.
Listing courtesy of Realty One Group Evolution. MLS# A12052741.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed August 8, 2026.
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