Quadruplex in 150 NE 59th Street, Miami, FL 33137 for sale with MLS# A12063719
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 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. 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 and 1 block away from Magic City. 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.):
- $916.71
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 1, 2026 4:00 am
- Living Area:
- 1,909 Sqft
- Built-Up Area:
- 1,909 Sqft
- Lot Features:
- Corner Lot
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Electric, Separate Meters
- Year Built:
- 1947
- Roof:
- Shingle
- Number of Units Total:
- 4
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Laminate
- Number of stories:
- 1
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 4
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $7,450.00
- Tax Year:
- 2025
- Property Tax Details:
- Tax Reflects No Exemptions
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- DIXIE HIGHWAY TRACK
- Senior Community:
- No
- Documents Available:
- Deposit - Security
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Subject To Tenant Rights, Close Of Escrow
- 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:
- August 1, 2026
- Listing Agreement executed on:
- August 1, 2026
- Listing Status Last Changed On:
- August 1, 2026 4:00 am
- Photos updated on:
- August 6, 2026 2:59 pm
- Last Modified:
- August 6, 2026 2:59 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

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Neighborhood Stats
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