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150 NE 59th St

Miami, FL 33137
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Bed 4

Bed

Bath 4

Bath

SqFt1,909

Sqft

Corner lot currently improved with two duplex buildings totaling 1,909 adjusted sf of construction - 4 units total , each 1BR +1BA, 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 light and sight lines for future development. The lot backs up to a church that occupies the entire block fronting NE 2nd Avenue- this is the only property sharing that block with a church-offering added privacy, exceptional four -sided exposure and abundant natural light. Located in a federally designed Opportunity Zone, one block from Magic City Innovation District -the recently revived $3B AI-focused development anchored by Dragon Global ,strategically located near the planned Innovation District Tri-Rail Station( Northeast Corridor) positioning the property to potentially benefit from future transit-oriented development (TOD-TSND) opportunities. Strong land appreciation and redevelopment potential with zoning that allows vertical growth. Across from Laundromat Art Space gallery. Flood zone X. Buyer to verify all zoning, transit distance and eligibility independently.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,750,000

AD Id : 88937077

MLS Id : A12063719

Beds : 4

Living Area Size : 1,909

Year Built : 1947

County : Miami-Dade

Subdivision: Dixie

  • Map Map

Map

Feature Features

  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1947
    Building Area Total: 1909
    Construction Materials: Block
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Description: CornerLot,LessThanQuarterAcre

    Property Information

    Subdivision: DIXIE HIGHWAY TRACK Source Property Type: ResidentialIncome Postal Code Plus 4: 2006 Zoning Description: T5-R Property SubType: Quadruplex Levels: One Property Age: 79

  • Listing Price Information

    Listing Price: $1750000
    Cash

  • Tax Information

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

  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
55-53 NE 60th St, Miami, FL, 33137 $2,000,000 6 6 2,884 2,884 SqFt
52 NE 47th St, Miami, FL, 33137 $2,000,000 6 5 2,578 2,578 SqFt
5800 NE 3rd Ave, Miami, FL, 33137 $699,000 4 2 1,540 1,540 SqFt
426 NE 26th Street, Miami, FL, 33137 $3,200,000 -- -- 2,312 2,312 SqFt
473 NE 61st Street, Miami, FL, 33137 $850,000 -- -- 1,520 1,520 SqFt
295 NE 55th Street, Miami, FL, 33137 $895,000 7 4 2,163 2,163 SqFt
259 NE 56th Street, Miami, FL, 33137 $699,999 4 4 1,511 1,511 SqFt
252 NE 57th Street, Miami, FL, 33137 $1,000,000 -- -- 1,682 1,682 SqFt
5520 NE 1st Ct, Miami, FL, 33137 $1,100,000 1 1 2,180 2,180 SqFt
2 NE 45th Street, Miami, FL, 33137 $1,195,000 4 2 1,664 1,664 SqFt

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 08/29/2026 @ 04:58

MLS: A12063719 LISTED BY: Monica Sciarra, Beachfront Realty Inc 305-405-0615 SOURCE: SEFMIAMI

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