150 NE 59th Street, Miami, FL 33137
- $1,695,000
- 1,909
- SqFt
- List Price
- $1,695,000
- Price Change
- ▼ $55,000 1789010775
- Days on Market
- 50
- MLS#
- A12063719
- Sq. Ft
- 1,909
- Subtype
- Quadruplex
- County
- Miami-Dade
- Subdivision
- Dixie Highway Track
- Year Built
- 1947
Property Description
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.
Additional Information
- Construction
- Block
- Cooling
- Electric
- Flooring
- Laminate
- Heating
- Electric, Separate Meters
- Roof
- Shingle
- Taxes
- $7,450
- Utilities
- Cable Available
- Stories
- 1
- Price Per Sqft
- $887
- Middle School
- Jose De Diego
- High School
- Miami Edison
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Listing courtesy of Beachfront Realty Inc. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Monica Sciarra | Email: monicasciarra@me.com