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150 NE 59th Street

Miami, FL 33137
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Bed 4

Bed

Bath 4

Bath

SqFt1,909

Sqft

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.

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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

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Feature Features

  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, SeparateMeters Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1947
    Building Area Total: 1909
    Construction Materials: Block
    Private Pool: No

  • Lot Information

    Lot Description: CornerLot

    Property Information

    Subdivision: DIXIE HIGHWAY TRACK Source Property Type: ResidentialIncome Postal Code Plus 4: 2006 Property SubType: Quadruplex Property Age: 79

  • Listing Price Information

    Listing Price: $1750000
    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

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
170 NE 48th St, Miami, FL, 33137 $945,000 2 2 1,170 1,170 SqFt
5800 NE 3rd Ave, Miami, FL, 33137 $719,000 4 2 1,540 1,540 SqFt
426 NE 26th Street, Miami, FL, 33137 $3,200,000 -- -- 2,312 2,312 SqFt
481 NE 61st Street, Miami, FL, 33137 $625,000 6 8 4,575 4,575 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
242 NE 55th Terrace, Miami, FL, 33137 $1,000,000 5 8 1,620 1,620 SqFt
252 NE 57th Street, Miami, FL, 33137 $1,000,000 -- -- 1,682 1,682 SqFt
4727 NE 1st Court, Miami, FL, 33137 $2,185,000 7 3 2,499 2,499 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 08/02/2026 @ 01:43

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

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