logo
Properties
Explore our listings
Buy
Listings for sale
Rent
Listings for rent
Explore
Neighborhoods, buildings & trends
Neighborhoods
Check neighborhoods information
Buildings
Check buildings information
Pre-Construction
New developments on sale
Market Trends
Monthly market data & analysis
Resources
Blog, tools & guides
Blog
Articles & guides
Tax Calculator
Compare tax savings
Property Tax Calculator
Estimate your annual tax
Sell Your Home
Get a free home valuation
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
$1,750,000

BTC: 27.51572327

ETH: 919.77462894

New
0 room(s)
1,909 sqft

Overview

Corner lot currently with two duplex buildings totaling 1,909 adjusted sf of construction - 4 units total , each 1bed +1bath, with long-term tenants in place, generating steady income until development begins. Each unit has a private backyard, separate address and tenants pay their own utilities . Impact windows throughout - 4 water meters and 4 FPL meters . Zoned T5-R allowing by right development up to 5 stories and 8 units -17,825 buildable SF estimated under Miami 21 on 5.552 Sq ft corner lot. Open corner exposure directly across from a school maximizes any future development's light and sight lines. The lot also backs up to a full-block church that fronts NE 2nd Avenue- the only lot directly behind a full block church offering added privacy and unique dual -frontage advantage. 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. Buyer to verify all zoning, transit distance and eligibility independently.

Location

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

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1947
Lot:
No Data
Heating:
Electric
Price/sqft:
$917
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$599,000
$462K – $870K
Confidence Low
List vs. estimate
$1.2M above estimate
List $1,750,000 · +192.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$916
+114.0% vs. city median $428
Based on
49 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $574K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,450
2025
All facts and features

  • Heating

    • Electric

    Cooling

    • Electric

  • 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: $7,450

  • Source details

    • MLS ID: A12063719

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot / Corner Lot

    • Architectural Style: Detached

    • Living Area: 1909

    • Subdivision Name: DIXIE HIGHWAY TRACK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

New
For Sale
$2,125,000
House
3 bds · 2 ba · 2,226 sqft
MIAMI SHORES SEC 1 AMD, Miami Shores
260 NE 95th St, Miami Shores FL 33138
New
For Sale
$1,950,000
House
4 bds · 4 ba · 1,834 sqft
BELLE MEADE OF MIA SEC 1, Miami
776 NE 74th St, Miami FL 33138
New
For Sale
$1,750,000
Commercial
0 room(s)
DIXIE HIGHWAY TRACK, Miami
150 NE 59th St, Miami FL 33137
New
For Sale
$1,350,000
Condo/Co-op
2 bds · 2 ba · 1,088 sqft
ONE PARAISO CONDO, Miami
3131 NE 7th Ave # 2805, Miami FL 33137
New
For Sale
$1,799,000
Condo/Co-op
3 bds · 3 ba · 1,651 sqft
Aria Reserve Miami, Miami
700 NE 24th St # 503, Miami FL 33137
-$41K
For Sale
$1,549,000
House
3 bds · 2 ba · 2,027 sqft
MIAMI SHORES SEC 1 AMD, Miami Shores
275 NE 94th St, Miami Shores FL 33138
New
For Sale
$1,750,000
Commercial
0 room(s)
Miami
1785 NW 21st Ter, Miami FL 33142
New
For Sale
$1,790,000
Commercial
0 room(s)
GRAND VIEW PARK, Miami
1552 NW 15th Ave, Miami FL 33125

Market around this address

Live counts in the same area.
View all
This zip
33137
615
median $800K
Active
Same city
Miami
12,325
median $637K
Active
Same type
Multi-family
518
median $975K
Active
Similar price
$1.2M – $2.3M
1,404
median $1.6M
Active

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