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150 NE 59th St, Miami FL 33137

Lotes / Tierras En Venta
$1,695,000

BTC: 20.40840899

ETH: 678.00000000

Nuevo
0 room(s)

Visión general

Prominent corner property directly on NE 59th Street. This 5,552 square foot corner lot is zoned T5-R, permitting development up to 5 stories and 8 units, with an estimated 17,825 buildable square feet under Miami 21 zoning guidelines. The parcel offers corner exposure, across from a school and the Laundromat Art Space and sits adjacent to a church occupying the remaining section of the block fronting Northeast 2nd Avenue, providing a strategic corner position within the surrounding urban footprint. Located within a designated Opportunity Zone one block from the Magic City Innovation District and near the planned Tri-Rail Station corridor, it benefits from strong transit-oriented proximity. The property currently generates approximately $7,000 in gross monthly rental income and features four residential units where each unit includes a private backyard, separate address, independent utilities, impact windows, 4 water meters, and 4 FPL meters. The property is positioned in flood zone X, an area of minimal flood hazard. All buyers are advised to independently verify zoning specifications and transit timelines.

Ubicación

Detalles

Tipo:
Land/Boat Docks
Estacionamiento:
Sin datos
Año de construcción:
Sin datos
Lote:
0.13 Hectáreas
Calefacción:
Sin datos
precio por sq. medidor:
Sin datos
Enfriamiento:
Sin datos
HOA:
Sin datos

Valuation

Our model vs. what's actually selling nearby.
Estimate
$315,000
$149K – $784K
Confidence Low
List vs. estimate
$1.4M above estimate
List $1,695,000 · +438.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
94 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $532K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Destacados

Annual tax
$7,450
2025
Más hechos y características
  • Lote

    • Lote: 0.13 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 01-31-13-065-1640

    • Zonificación: T5-R

  • Tipo y estilo

    • Tipo de propiedad: Land/Boat Docks

    • Subtipo de propiedad: Residential

  • Utilidad

    • Electricity Connected

    • Irrigation Water

    • Sewer Connected

    • Electricity Available

    • Sewer Available

  • Otra información financiera

    • Importe anual de impuestos: $7,450

  • Detalles de la fuente

    • MLS ID: A12092467

    Otros hechos

    • Características del lote: Fenced

    • Caras de dirección: Northeast

    • Otras estructuras: Well Kept

    • Fuente de agua: Municipal Water

    • Nombre de subdivisión: 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 ©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