1224 NW 59, Miami FL 33142, MIAMI, FL, 33142
Active96 days on marketListed May 4, 2026MLS #A12017553
About this home
1224 NW 59, Miami FL 33142
Exceptional development opportunity in a prime and highly centralized location near public transit, I-95, Midtown, the Health District, Downtown/Brickell, Miami Beach and Miami International Airport. Excellent opportunity in a T4-L zoned area with APPROVED plans and a recorded covenant in place for an 8-unit multifamily project under the Live Local program. This is not a hypothetical. The project has successfully obtained parking reductions and increased unit density, with all supporting records available. The proposed development features a well-designed unit mix within a thoughtfully planned three-story building, including ground-floor parking and a ground-level ADA-compliant unit. Situated on a 5,300 SF lot, the project was carefully designed to comply with zoning requirements necessary for approvals. Additionally, the property benefits from proximity to sufficient water and sewer infrastructure, eliminating the need for costly water main extensions. An ideal opportunity for a developer looking to move directly into the next stages of permitting and construction with significant entitlement work already completed.
Facts & features
The home at a glance
0.12 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,843 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,843/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Miami
Get to know Miami. See the full Miami guide →
MIAMI 33142 — neighborhood snapshot
Population
56,437
Median age
40.1
Median income
$37,900
Median home value
$298,000
Avg household
2.73
Households w/ children
6,539
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 58% above the MIAMI 33142 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 1224 NW 59
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$369,950
1257 NW 58th St, Miami FL 33142 · same community
3 bd · 2 ba · 932 sqft · $397/sqft · 112 DOM
Sold · May ’26$455,000
Nearby listing · same community
3 bd · 2 ba · 1,209 sqft · $376/sqft · 18 DOM
Sold · Nov ’25$480,000
1360 NW 59th St, Miami FL 33142 · same community
3 bd · 2 ba · 1,209 sqft · $397/sqft · 125 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1224 NW 59 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1224 NW 59 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1224 NW 59 FAQs
What would the monthly payment be for 1224 NW 59, Miami FL 33142?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,843/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1224 NW 59, Miami FL 33142?+
The most recent tax bill on record (2025) was $3,560. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $535,000, this home is listed about 12% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1224 NW 59, Miami FL 33142?+
Earlington Heights Elementary School (elementary), Brownsville Middle School (middle), Miami Northwestern Senior High (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of Miami Dream Properties Inc. · Natalie Duran. MLS #A12017553.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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