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$680,000 Just Listed
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Property Description
Excellent income-producing property on a double lot! This fully renovated investment opportunity features three separate units with established tenants, generating $7,050 in monthly rental income ($84,600 annually). The main residence offers 4 bedrooms and 2 bathrooms and is currently leased for $3,050 per month. The rear of the property includes two detached apartments, each with private entrances, 2 bedrooms, 1 bathroom, a living room, and a full kitchen. One unit is rented for $1,900 per month, and the other for $2,100 per month. This turnkey property is an excellent opportunity for investors seeking immediate cash flow. Situated on a spacious double lot, it has been completely renovated and is well maintained. Conveniently located near major highways, shopping, dining, schools, and other local amenities.
Full Property Details
Full Property Details for 559 NW 2nd St
General
- Price: $680,000
- Taxes: $975 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12053032
- Updated: Today (7/13/2026)
- Added to Site: Today
Interior
- Interior Features: Pantry, Garage Apartment, Garage Converted, Separate Guest/In-Law Quarters, Maid/In-Law Quarters
- Appliances: Dishwasher, Electric Range, Microwave
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: Garage Apartment, Garage C Sq. Ft.
Exterior
- Exterior Features: Fruit Trees
- Deck/Patio: Patio
Parking
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Additional Spaces Available
Location
- Area: Town Of Florida City
- County: Miami-Dade County
- Subdivision: TOWN OF FLORIDA CITY
- Building Name: TOWN OF FLORIDA CITY
- Direction Faces: Northeast
School Information
- Elementary School: Florida City
- High School: Homestead
Community
- Community Name: Town Of Florida City
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Old Spanish
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Doors: High Impact Doors
- Building Size: 3394
- Year Built: 1930
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 15,000
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 400
Financial Considerations
- Tax Amount: $975
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: TOWN OF FLORIDA CITY PB 2-74 LOTS 6 & 7 BLK 21 LOT SIZE 100.000 X 150 OR 16218-1496 0194 1
- Restrictions: Ok To Lease
- Property ID: 16-78-24-007-1490
Listed by Martin Realty Group Corp
Get Pre-Approved Today
Schools
Schools serving 559 NW 2nd St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Florida City Elementary School 364 Northwest 6th Avenue, Florida City, FL 33034 | PK-5 | 0.2 mi |
Homestead Middle School 650 Northwest 2nd Avenue, Homestead, FL 33030 | 6-8 | 1.9 mi |
Homestead Senior High School 2351 Southeast 12th Avenue, Homestead, FL 33034 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 559 NW 2nd St
Date
Details
Price
Change
Source
7/13/2026
Listed
$680,000
119.35%
MLS
7/07/2025
Sold
$310,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 559 NW 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,281
—
$88,660
3%
2024
$3,281
1%
$86,162
3%
2023
$3,239
287%
$83,653
6%
2021
$838
-2%
$78,852
-3%
2022
$854
2%
$81,217
4%
2021
$838
8%
$77,764
2%
2019
$776
6%
$76,016
2%
2018
$729
—
$74,599
2%
2017
$731
-1%
$73,065
2%
2016
$737
-1%
$71,563
1%
2015
$748
-3%
$71,066
1%
2014
$771
1%
$70,502
1%
2013
$762
—
$69,461
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 559 NW 2nd St
559 NW 2nd St, Florida City, FL 33034 (MLS# A12053032) is a Single Family property with 8 bedrooms and 4 full bathrooms. 559 NW 2nd St is currently listed for $680,000 and was received on July 13, 2026. Want to learn more about 559 NW 2nd St? Do you have questions about finding other Single Family real estate for sale in Florida City? You can browse all Florida City real estate or contact a Coldwell Banker agent to request more information.

