1524 NW 59th St, Miami, FL 33142

Affordable Miami Gem with Great Potential!

Discover an exciting opportunity at 1524 NW 59th St, Miami, FL 33142! This 2-bedroom, 1-bathroom single-family home, built in 1946, offers 580 sqft of living space on a 5,300 sqft lot. While it maintains its classic charm, the potential here is immense for a first-time homebuyer, a renovator, or an investor looking to capitalize on Miami’s dynamic market. Public records suggest the property may have been previously divided into multiple units, presenting a unique angle for restoration or further development, subject to permits.

Priced at $329,900, with an estimated refinance payment of just $1,697/mo, this home offers a more accessible entry point into the Miami real estate market. The 33142 zip code is currently considered a “Buyer’s Housing Market” as of May 2025, with homes selling slightly below list price on average, and the median sale price for 2-bedroom homes has seen a modest increase of +1.8% year-over-year in May 2025. This indicates a good opportunity for buyers to find value.

Miami is a city renowned for its stunning beaches, vibrant culture, world-class cuisine, and endless entertainment. Residents enjoy year-round outdoor activities, a diverse job market, and a rich arts scene. This location offers convenient access to various Miami amenities, including local schools like Agenoria S Paschal/Olinda Elementary and Miami Northwestern Senior High, and quick commutes to other parts of the city.

This property offers a unique chance to own a piece of Miami and customize it to your vision. Don’t miss out on exploring the possibilities this well-located home provides!