Unimproved Land in 150 NE 59th Street, Miami, FL 33137 for sale with MLS# A12063358
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 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 the church ,offering added privacy and unique dual -frontage advantage. 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 and less than 3 blocks away 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. Flood zone X. Buyer to verify all zoning, transit distance and eligibility independently.
150 NE 59th Street, Miami, FL 33137
- Price:
- $1,750,000.00
- Original List Price:
- $1,750,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $309.03
- List Price per Sq Ft (Calculated, Approx.):
- $315.2
- Gross Scheduled Income:
- 82800
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- July 31, 2026 4:00 am
- Other Special Conditions:
- City Jurisdiction
- Lot Area:
- 5,552 Sqft
- Lot Size Dimensions and Info:
- 0.13
- Lot Features:
- Regular Lot
- Lot Size Acres:
- 0.13
- Waterfront:
- No
- Current Use:
- Other
- Road Responsibility:
- Public Maintained Road
- Road Frontage Type:
- Easement, Public Road
- Flood Zone Code:
- X
- Tax Annual Amount:
- $7,450.00
- Tax Year:
- 2025
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Available, Sewer Available, Water Available, Trash Removal
- Water Source:
- Public
- Subdivision Name:
- DIXIE HIGHWAY TRACK
- Senior Community:
- No
- Buyer Possession:
- Subject To Tenant Rights
- 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
- Real Estate Folio Number (Parcel Number):
- 0131130651640
- Zoning:
- T5-R
- High School:
- Miami Edison
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- July 31, 2026
- Listing Agreement executed on:
- July 31, 2026
- Listing Status Last Changed On:
- July 31, 2026 4:00 am
- Photos updated on:
- August 6, 2026 8:46 pm
- Last Modified:
- August 6, 2026 8:47 pm
- Courtesy of:
- Beachfront Realty Inc
- Attribution:
- Not provided
- Street Name:
- 59th
- Street Number:
- 150
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33137
- County:
- Miami-Dade
- Latitude:
- N25° 49' 46.1''
- Longitude:
- W81° 48' 24.9''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE

Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami