150 59th St ,Detached, Quadruplex, Dixie Highway Track for Sale

150 59th St for Sale

Price $1,600,000.00

• Lot size 1909
• Year Build 1947
• Waterfront
• Zip 33137
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

Two Duplexes - 4 units, each 1bed +1bath generating up $90k year gross income at market rents when fully rented. Each unit has a private backyard, separate address and tenants pay utility. Property has Impact windows 4 water meter and 4 FPL meters . Zoned T5-R 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. Only lot located directly behind a full block church fronting NE 2nd Avenue ,offering stability, privacy and unique positioning. Less than 1/2 mile to the planned Innovation District Tri-Rail station ( Northeast Smart 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. No flood zone.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

DIXIE HIGHWAY TR PB 5-24 LOT 10 BLK 11 73R-20732 LOT SIZE 59.700 X 93 COC 24192-3349 01 2006 1

Less Than 1/4 Acre Lot

Two Duplexes - 4 units, each 1bed +1bath generating up $90k year gross income at market rents when fully rented. Each unit has a private backyard, separate address and tenants pay utility. Property has Impact windows 4 water meter and 4 FPL meters . Zoned T5-R 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. Only lot located directly behind a full block church fronting NE 2nd Avenue ,offering stability, privacy and unique positioning. Less than 1/2 mile to the planned Innovation District Tri-Rail station ( Northeast Smart 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. No flood zone.

City:Miami,Zoning:T5-R,Cooling:1:Zoned,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:25.8294859,Cooling Y N:1,Heating Y N:1,List Price:1600000,Listing Id:A11874428,Longitude:-80.1930866,Mls Status:Active,Year Built:1947,Living Area:1909,Postal Code:33137,Street Name:59th St,Coordinates:1:25.8294859,Photos Count:55,Building Name:DIXIE HIGHWAY TRACK,Days On Market:7,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Dixie Highway Track,On Market Date:2025-09-10,Parcel Number:01-31-13-065-1640,Property Type:Residential Income,Stories Total:1,Street Number:150,M I A M I R E_ Style:Duplex,Public Remarks:Two Duplexes - 4 units, each 1bed +1bath generating up $90k year gross income at market rents when fully rented. Each unit has a private backyard, separate address and tenants pay utility. Property has Impact windows 4 water meter and 4 FPL meters . Zoned T5-R 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. Only lot located directly behind a full block church fronting NE 2nd Avenue ,offering stability, privacy and unique positioning. Less than 1/2 mile to the planned Innovation District Tri-Rail station ( Northeast Smart 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. No flood zone.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Beachfront Realty Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2006,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:DIXIE HIGHWAY TRACK,Tax Annual Amount:7450,Unparsed Address:150 NE 59th St, Miami FL 33137,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:1909,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:838.1351,Original List Price:1600000,Public Survey Range:31,Documents Available:1:Deposit - Security,I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks:Two Duplexes - 4 units, each 1bed +1bath generating up $90k year gross income at market rents when fully rented. Each unit has a private backyard, separate address and tenants pay utility. Property has Impact windows 4 water meter and 4 FPL meters . Zoned T5-R 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. Only lot located directly behind a full block church fronting NE 2nd Avenue ,offering stability, privacy and unique positioning. Less than 1/2 mile to the planned Innovation District Tri-Rail station ( Northeast Smart 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. No flood zone.,Listing Contract Date:2025-09-10,Originating System I D:miamire,Public Survey Section:13,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:150,Tax Legal Description:DIXIE HIGHWAY TR PB 5-24 LOT 10 BLK 11 73R-20732 LOT SIZE 59.700 X 93 COC 24192-3349 01 2006 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1909,M I A M I R E_ Internet Remarks:Two Duplexes Zoned T5-R on 59th Street less than 1/2 mile to the planned Little Haiti Tri-Rail station . Across from Laundromat Art Space gallery.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-09-10,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:838.14,Internet Automated Valuation Display Y N:1,