Fort Lauderdale Luxury & Waterfront Homes

Fourplex

150 NE 59th St

Miami, FL 33137

MLS#: A12063719

$1,750,000

Status: Active
Listing number: A12063719
Listing provided by: Beachfront Realty Inc
Listing agent phone: None
Last update: 15 hours ago
New on site 1 day ago
Browse Properties
DIXIE HIGHWAY TRACK - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1947

Sq.Footage

1,909

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Electric

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Fourplex

Price

  • Sales Price

    $1,750,000

  • Tax Amount

    $7,450

  • Zoning

    T5-R

  • Sq. Footage

    1,909

  • Price/SqFt

    $916

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Monica Sciarra , Beachfront Realty Inc

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Jarrod Gaylis

Realtor

Jarrod Gaylis

Call Jarrod today to schedule a private showing.

(305) 790-0199

jgaylis@perfectpropertiesfl.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

150 NE 59th St

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Perfect Properties of Florida Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Brand-new construction duplex offering two spacious residences with a total of 8 bedrooms and 6 bathrooms. Approximately 3,500 SF of living area on a 6,453 SF lot with 4 parking spaces. Modern open-concept floor plans, high-end finishes, and a prime Miami location just minutes from Wynwood, Brickell, Downtown, Miami International Airport, and major highways. Excellent opportunity for investors or owner-occupants seeking new construction and strong income potential.
#A12060939

Miami

7801 NW 2nd Ct

None Beds

None Baths

N/A

$1,600,000

MLS#: A12060939

PRICED TO SELL! Introducing this real estate gem:a completely remodeled four-plex located in one of Miami's fastest-growing areas,Each unit has been renovated with modern finishes, high-quality details, and an aesthetic designed to attract both long-term and short-stay tenants. New roof with 15 year warranty. The sale includes all current inventory:furniture, appliances, decorative elements, and operating resources,allowing the buyer to continue operating the property without interruption. The property currently generates monthly income,with consistent occupancy and excellent ratings on short-term rental platforms. Ideal for investors looking for a turnkey property with immediate cash flow and high potential. Bring your offers!
#A12057635

Miami

251 NW 57th Ave

None Beds

None Baths

3,768 Sq.Ft.

$1,970,000

MLS#: A12057635

Completely repositioned turnkey multifamily investment in the heart of Miami's highly desirable MiMo District. This fully renovated four-unit property features spacious 2-bedroom, 2-bathroom residences with brand-new central A/C systems, a new roof, impact windows throughout, new interior and exterior doors, designer kitchens with quartz countertops, stainless steel appliances, luxury vinyl flooring, beautifully renovated bathrooms, LED recessed lighting, modern fixtures, and oversized closets. Each unit includes one assigned parking space, individual water submeters, and separately metered electric service, significantly reducing operating expenses. Extensive capital improvements have already been completed, providing investors with a truly low-maintenance, worry-free asset. Producing approximately $93,396.84 in annual NOI, this turnkey investment offers immediate cash flow and strong long-term appreciation potential. Ideally located in Miami's vibrant MiMo District, just minutes from the Design District, Midtown, Wynwood, Downtown Miami, and Miami Beach.
#A12055054

Miami

560 NE 63rd St

None Beds

None Baths

2,803 Sq.Ft.

$1,650,000

MLS#: A12055054

Don't miss this exceptional investment opportunity in the highly desirable Shenandoah neighborhood of Miami. This fully updated fourplex offers four well-appointed units, each thoughtfully renovated with modern finishes, impact windows, and new flooring throughout the interiors and exterior common areas. All four units are fully furnished, making this a true turnkey investment or an ideal option for short- or long-term rentals. Two of the units are currently occupied by month-to-month tenants, providing immediate income while maintaining flexibility for a new owner. Property includes approved plans for a second-story 2-bedroom, 2-bathroom apartment, presenting an outstanding opportunity to increase living space and maximize future rental income. Ideally located just minutes from Miami's vibrant cultural scene, top-rated schools, parks, restaurants, shopping, and major highways, this property combines a prime location with immediate income potential and exceptional future upside.
#A12052250

Miami

1520 SW 22nd Ave

None Beds

None Baths

2,484 Sq.Ft.

$1,550,000

MLS#: A12052250

Presenting a rare opportunity to acquire a renovated six-unit multifamily in Prime Location in the heart of Little River, one of Miami’s fastest-growing and most transformative neighborhoods. Situated on a prominent corner lot, this two-story property offers a compelling combination of stable in-place income and significant long-term redevelopment potential. Each of the six residences features a spacious 2-bedroom, 1-bathroom layout. The property has been thoughtfully upgraded with a new roof, impact-resistant windows, and a fully fenced perimeter, Strategically positioned just minutes from the Miami Design District, Wynwood, Downtown Miami, and Miami Beach, Major highways and it is surrounded by ongoing public and private investment driving sustained neighborhood growth. Whether your investment strategy is to maximize immediate cash flow through six income-producing units, renovate for increased rental returns, or capitalize on the site’s future development potential, this asset offers exceptional flexibility & upside in one of South Florida’s most sought-after submarkets. Renovated two-story multifamily property Six 2-bedroom, 1-bathroom units. Prime corner lot. New roof and impact-resistant windows. Fully fenced property. Strong in-place rental income. Redevelopment and value-add potential. Prime location near the Design District, Wynwood, Downtown Miami, and Miami Beach. This is a unique opportunity to acquire a high-quality multifamily in a Strong Rental Market.
#A12049245

Miami

131 NE 77th St

None Beds

None Baths

6,090 Sq.Ft.

$1,890,000

MLS#: A12049245

Incredible income-generating property in prime Miami location. Fully reconstructed in 2025/2026: new plumbing, electrical, A/C, designer kitchens, and baths. Features ample parking and a private, gated tropical courtyard. Versatile multi-suite layout, optimized for short-term rentals.
#A12043808

Miami

2134 SW 11th St

None Beds

None Baths

1,840 Sq.Ft.

$1,499,999

MLS#: A12043808

Rare opportunity in the heart of Wynwood Norte, one of Miami's fastest-growing urban neighborhoods. Situated on an approximately 10,000 SF double lot and zoned T4-R with the NRD-2 Overlay, the property offers significant redevelopment potential, with the possibility to develop up to 36 residential units. The property is currently consists of two existing structures, including a two-story duplex and a separate single-family residence, creating immediate income-producing opportunities while future development plans are pursued. Investors may choose to continue operating the existing improvements, renovate and reposition the property for increased rental income, occupy one of the residences while generating income from the remaining units, or assemble neighboring parcels to create a larger-scale development opportunity. Located just minutes from Wynwood, Midtown Miami, the Design District, and major transportation corridors including I-95 and I-195, the property benefits from strong demand drivers, walkability, and continued public and private investment throughout the area. Whether acquired as a long-term land bank, an income-producing covered land play, a value-add renovation project, or a future multifamily development site, 255 NW 32nd Street offers investors and developers multiple paths to create value in one of Miami's most dynamic growth corridors.
#A12041715

Miami

255 NW 32nd St

None Beds

None Baths

2,280 Sq.Ft.

$1,945,000

MLS#: A12041715

Rare turnkey fourplex in Shenandoah Area. Exceptional Location close to Coral Way built in 1995 with off street parking, all units have washer/dryer hookups & central ACs. Building certification was completed in 2026.Strong cash flow with upside potential on rents. All units are in excellent condition; most kitchen and bathrooms have been upgraded. Please provide proof of funds prior to scheduling appointment, all appointments are Monday through Friday with 24-hour notice. Please DO NOT DISTURB TENANTS. PRICE IS FIRM
#A12038854

Miami

1419 SW 22nd Ave

None Beds

None Baths

2,755 Sq.Ft.

$1,455,000

MLS#: A12038854

LOCATION, LOCATION, LOCATION! Exceptional investment opportunity featuring flexible T5-O zoning, allowing for immediate income and future vertical redevelopment. Fully recertified fourplex comprised of four 2BD/1BA units, all currently on month-to-month leases. Property upgrades include new underground plumbing, separate electric and water meters, 4 assigned parking spaces plus 1 ADA space, and a roof approximately 8 years old. Zoning allows for development up to 5 stories with potential for mixed-use (residential, retail, or short-term rentals). Ideally located just steps from Calle Ocho and José Martí Park, and minutes to Brickell, Downtown Miami, I-95, and SR-836. Positioned along Miami’s rapidly growing east-west corridor with future transit expansion expected to further drive demand. Perfect for investors seeking cash flow with long-term upside or owner-occupants looking to capitalize on redevelopment potential in one of Miami’s most vibrant and high-demand neighborhoods.
#A12037521

Miami

1345 SW 7th ST

None Beds

None Baths

3,592 Sq.Ft.

$1,995,000

MLS#: A12037521

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Perfect Properties of Florida Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Perfect Properties of Florida Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service