logo
Properties
Explore our listings
Buy
Listings for sale
Rent
Listings for rent
Areas
Explore areas information
Buildings
Check buildings information
Neighborhoods
Check neighborhoods information
Contact
Tell us about your needs
Language
Change website language
English
Русский
Español
中文(简体)
Sign In
Sign in or register

150 NE 59th St, Miami FL 33137

Multi-family For Sale
$1,100,000

BTC: 12.22291350

ETH: 360.65573770

18 days
0 room(s)
1,909 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Two buildings - 4 fully legal corner units (no middle units) all with private outdoor spaces .Each unit features 1bed/ 1bath generating $82,800 year in gross annual income, with potential to increase to approximately 90k. Separate address and tenants pay their own utilities , minimal operating expenses. Property has Impact windows 4 water meter and 4 FPL meters . Zoned T5-R allowing development up to 5 stories and 8 units -17,825 buildable SF estimated under Miami 21 on 5.552 Sq ft lot. Located in the heart of the Innovation District neighborhood fronting 59th St and adjacent to NE 2nd Avenue ,offering stability, privacy and unique positioning. Less than 0.4 miles to the planned Innovation District Tri-Rail station (Northeast Corridor). Strong land appreciation and redevelopment potential with zoning that allows vertical growth. Across from Laundromat Art Space gallery and 1 block away from Magic City. Flood zone X. Net return 5.5% including new buyer's property taxes. Please do not disturb tenants ,all showings by appointment only.

Location

Florida • Miami • 33137 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1947
Lot:
No Data
Heating:
Heat Pump/Reverse Cycle
Price/sqft:
$576
Cooling:
Zoned
HOA:
No Data
All facts and features

  • Flooring

    • Vinyl

    Heating

    • Heat Pump/Reverse Cycle

    Cooling

    • Zoned

  • Other Property Information

    • Parcel Number: 01-31-13-065-1640

    • Zoning: T5-R

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $7,872

  • Source details

    • MLS ID: A11933710

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached / Ranch

    • Living Area: 1909

    • Subdivision Name: DIXIE HIGHWAY TRACK

Similar Homes

1542 NW 35th St, Miami FL 33142 placeholder 1542 NW 35th St, Miami FL 33142
New
For Sale
Commercial
$1,175,000
0 room(s)
1542 NW 35th St, Miami FL 33142
5800 NE 3rd Ave, Miami FL 33137 placeholder 5800 NE 3rd Ave, Miami FL 33137
New
For Sale
Multi-family
$849,000
0 room(s) • 1,540 sqft
5800 NE 3rd Ave, Miami FL 33137
680 NE 64th St, Miami FL 33138 placeholder 680 NE 64th St, Miami FL 33138
New
For Sale
Penthouse
$995,000
4 bds • 4 ba • 2,147 sqft
680 NE 64th St, Miami FL 33138
3449 NE 1st Ave # 109, Miami FL 33137 placeholder 3449 NE 1st Ave # 109, Miami FL 33137
1 days
For Sale
Condo/Co-op
$975,000
2 bds • 2 ba • 2,048 sqft
3449 NE 1st Ave # 109, Miami FL 33137
121 NW 53rd St, Miami FL 33127 placeholder 121 NW 53rd St, Miami FL 33127
1 days
For Sale
House
$1,250,000
5 bds • 3 ba • 1,493 sqft
121 NW 53rd St, Miami FL 33127
5510 NW 1st Ave, Miami FL 33127 placeholder 5510 NW 1st Ave, Miami FL 33127
1 days
For Sale
House
$1,095,000
3 bds • 3 ba • 1,178 sqft
5510 NW 1st Ave, Miami FL 33127
121 NE 34th St # 1904, Miami FL 33137 placeholder 121 NE 34th St # 1904, Miami FL 33137
1 days
For Sale
Condo/Co-op
$889,000
2 bds • 2 ba • 1,096 sqft
121 NE 34th St # 1904, Miami FL 33137
160 45, Miami, FL 33127 placeholder 160 45, Miami, FL 33127
1 days
For Sale
Multi-family
$950,000
0 room(s) • 2,757 sqft
160 45, Miami, FL 33127
Market Trends nearby
Miami, FL
Miami Beach, FL
Key Biscayne, FL
Hialeah, FL
Opa Locka, FL
North Miami Beach, FL
Miami Gardens, FL
Hallandale, FL
Hollywood, FL
Pembroke Pines, FL
Dania, FL
Homestead, FL
Fort Lauderdale, FL
Coral Springs, FL
Pompano Beach, FL
Deerfield Beach, FL
Key Largo, FL
Boca Raton, FL
Delray Beach, FL

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc