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150 NE 59th St, Miami FL 33137

Multi-family For Sale
$1,100,000

BTC: 12.66551526

ETH: 550.00000000

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

Overview

Two Duplexes - 4 fully legal corner units ,each 1bed / 1bath generating $82,800 year in gross annual income . Each unit features a private yard, 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 corner lot. Uniquely positioned directly behind a full block church fronting NE 2nd Avenue ,offering stability, privacy and unique positioning. Less than 1/2 mile 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.

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

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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 ©2025-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