Fort Lauderdale & South Florida Real Estate Waterfront Homes • Luxury Properties • Local Broker Expertise

Fourplex

150 NE 59th St

Miami, FL 33137

MLS#: A12063719

$1,695,000

Status: Active
Listing number: A12063719
Listing provided by: Beachfront Realty Inc
Listing agent phone: None
Last update: 22 hours ago
On site: a month 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

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.

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

    $1,695,000

  • Tax Amount

    $7,450

  • Zoning

    T5-R

  • Sq. Footage

    1,909

  • Price/SqFt

    $887

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Miami-Dade

Elementary School

Middle School

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Listing Courtesy of Monica Sciarra, Beachfront Realty Inc

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Agent Jarrod Gaylis

Managing Broker & Founder

Jarrod Gaylis

Call Jarrod today to schedule a private showing.

(305) 790-0199

jgaylis@perfectpropertiesfl.com


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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.

150 NE 59th St

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