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150 NE 59th Street

Miami, FL 33137
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Acres0.13

Acre(Lot)

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 fo ur 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.

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Detail Ic Property Details

Property Type : Land

Price : $1,695,000

AD Id : 91369880

MLS Id : A12092467

Lot Size : 0.13 Acre(Lot)

Tax Amount : $7,450

County : Miami-Dade

Subdivision: Dixie

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Feature Features

  • Lot Information

    Lot Dimensions: 5552 Lot Size Acres: 0.13 Lot Size Square Feet: 5,552

    Property Information

    Subdivision: DIXIE HIGHWAY TRACK Source Property Type: Land Postal Code Plus 4: 2006 Property SubType: Unimproved Land Direction Faces: Northeast

  • Listing Price Information

    Listing Price: $1695000
    Cash

  • Tax Information

    Parcel Number: 0131130651640 Tax Year: 2025 Annual Tax: $7450 Tax Legal Desc: DIXIE HIGHWAY TR PB 5-24 LOT 10 BLK 11 73R-20732 LOT SIZE 59.700 X 93 COC 24192-3349 01 2006 1

  • School Information

    Elementary School: Junior High School: Jose De Diego Senior High School: Miami Edison
  • Utility Information

    ElectricityAvailable, SewerAvailable
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
333 NE 23rd Street, Miami, FL, 33137 $21,500,000 -- -- -- Acres (Lot)--
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702-708 NE 26th Street, Miami, FL, 33137 $5,900,000 -- -- -- Acres (Lot)--
475 NE 25th Street, Miami, FL, 33137 $15,000,000 -- -- -- 0.44 Acre(Lot)
441 NE 26th Street, Miami, FL, 33137 $6,000,000 -- -- -- Acres (Lot)--
334 NE 26th Terrace, Miami, FL, 33137 $2,250,000 -- -- -- Acres (Lot)--
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314 NE 26th Terrace, Miami, FL, 33137 $2,700,000 -- -- -- Acres (Lot)--
5220 Biscayne, Miami, FL, 33137 $15,900,000 -- -- -- Acres (Lot)--

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/21/2026 @ 03:14

MLS: A12092467 LISTED BY: Monica Sciarra, Beachfront Realty Inc 305-405-0615 SOURCE: Beaches MLS

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