tomo logo

$700,000

Beds
3
Baths
2.0
sq ft
1,342

101 SW 59th Ct, Miami, FL 33144

101 SW 59th Ct

Miami, FL 33144

  • 26 days on market
Turnkey investment opportunity in the heart of Miami! This property is a cash-flow machine, currently generating $7K per month on Airbnb with a 10% CAP rate—ideal for investors, or buyers looking to live and earn extra income. Perfectly located near Miami International Airport, Costco, shopping centers, and top local businesses, this property offers unmatched convenience. The front unit features 2/1 and back unit 1/1, Both units offer remodeled kitchens, impact windows and laundry, all in excellent condition. The massive backyard features a BBQ and deck, it has space for a pool, boat storage, or future upgrades. No HOA and located in a quiet neighborhood, this is a rare chance to own a highly profitable property in one of Miami’s best areas.

Details

Property type

Single Family Residence

Est. home value

$554,125

Lot size

7,645 sq ft

Price per sq ft

$522

Year built

1951

Annual property taxes

$10,151

Price History

01/24/2025
SEF

SEF #A11731347

Listed
$700,000
+27.27%
09/22/2023
SEF

SEF #A11432207

Sold
$550,000
+37.5%
03/26/2021
SEF

SEF #A10971315

Sold
$400,000
+51.8%

Schools & Community

Neighborhood: 

Flagami

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

United Wholesale Mortgage

Loan start date

September 2023

Original loan amount

$540,038

Est. remaining balance

$532,000

Interest rate

6.9%

Loan type

FHA, 30 year

Seller

Mercedes Bethsaida Ramos

Lender

United Wholesale Mortgage

Loan start date

September 2023

Original loan amount

$540,038

Est. remaining balance

$532,000

Interest rate

6.9%

Loan type

FHA, 30 year

Seller

Mercedes Bethsaida Ramos

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 2:40 PM

Listing updated: 01/27/2025 at 5:05 PM

Listed by: Yolexis Rodriguez Duque, SABIZ, Inc. Phone #: (786) 600-0432

MLS: SEF #A11731347

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