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

Lots/Land For Sale
$1,695,000

BTC: 19.94117647

ETH: 678.00000000

New
0 room(s)

Overview

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.

Location

Florida • Miami • 33137 • Lots/Land • For Sale

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.13 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

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.

Highlights

Annual tax
$7,450
2025
All facts and features

  • Lot

    • Lot: 0.13 Acres

    Other Property Information

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

    • Zoning: T5-R

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Utility

    • Electricity Connected

    • Irrigation Water

    • Sewer Connected

    • Electricity Available

    • Sewer Available

  • Other financial information

    • Annual tax amount: $7,450

  • Source details

    • MLS ID: A12092467

    Other facts

    • Lot Features: Fenced

    • Direction Faces: Northeast

    • Other Structures: Well Kept

    • Water Source: Municipal Water

    • 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
$1,395,000
Condo/Co-op
4 bds · 4 ba · 2,074 sqft
PARAISO BAYVIEWS CONDO, Miami
501 NE 31st St # 2808, Miami FL 33137
New
For Sale
$1,650,000
Commercial
0 room(s)
ROBERT-THOMAS SUB - RESUB, Miami
7184 NW 14th Pl, Miami FL 33147
New
For Sale
$2,190,000
Multi-family
0 room(s) · 5,369 sqft
ROCKMOOR PARK TRACK, Miami
147 NW 61st St, Miami FL 33127
New
For Sale
$1,315,000
Multi-family
0 room(s) · 2,486 sqft
54 ST BUS CENTER SUB, Miami
53 NE 56th St, Miami FL 33137
New
For Sale
$1,895,000
Condo/Co-op
4 bds · 4 ba · 1,871 sqft
GRAN PARAISO CONDO, Miami
480 NE 31st St # 3201, Miami FL 33137
New
For Sale
$1,750,000
House
3 bds · 3 ba · 2,126 sqft
MIAMI SHORES SEC 3,Villa La Vida, Miami Shores
9325 NE 5th Ave, Miami Shores FL 33138
New
For Sale
$1,920,000
Condo/Co-op
4 bds · 4 ba · 1,871 sqft
GRAN PARAISO CONDO, Miami
480 NE 31 St # 3101, Miami FL 33137
New
For Sale
$1,550,000
Condo/Co-op
3 bds · 3 ba · 1,649 sqft
GRAN PARAISO CONDO, Miami
480 NE 31st St # 3507, Miami FL 33137

Market around this address

Live counts in the same area.
View all
This zip
33137
607
median $795K
Active
Same city
Miami
12,771
median $635K
Active
Same type
Lots/Land
350
median $696K
Active
Similar price
$1.2M – $2.2M
1,529
median $1.5M
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