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

150 59th St for Sale

Price $1,695,000.00

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

Description

This 5,552 square foot corner lot is zoned T5-R, permitting development up to 5 stories and 8 units, with an estimated 17,825 buildable square feet under Miami 21 zoning guidelines.The parcel offers corner exposure on 59th Street, across from a school and the Laundromat Art Space and sits adjacent to a church occupying the remaining section of the block fronting Northeast 2nd Avenue, providing a strategic corner position within the surrounding urban footprint. Located within a designated Opportunity Zone one block from the Magic City Innovation District and near the planned Tri-Rail Station corridor, it benefits from strong transit-oriented proximity. The property currently generates approximately $7,000 in gross monthly rental income and features four residential units where each unit includes a private backyard, separate address, independent utilities, impact windows, 4 water meters, and 4 FPL meters. The property is positioned in flood zone X, an area of minimal flood hazard. All buyers are advised to independently verify zoning specifications and transit timelines.

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

Corner Lot

This 5,552 square foot corner lot is zoned T5-R, permitting development up to 5 stories and 8 units, with an estimated 17,825 buildable square feet under Miami 21 zoning guidelines.The parcel offers corner exposure on 59th Street, across from a school and the Laundromat Art Space and sits adjacent to a church occupying the remaining section of the block fronting Northeast 2nd Avenue, providing a strategic corner position within the surrounding urban footprint. Located within a designated Opportunity Zone one block from the Magic City Innovation District and near the planned Tri-Rail Station corridor, it benefits from strong transit-oriented proximity. The property currently generates approximately $7,000 in gross monthly rental income and features four residential units where each unit includes a private backyard, separate address, independent utilities, impact windows, 4 water meters, and 4 FPL meters. The property is positioned in flood zone X, an area of minimal flood hazard. All buyers are advised to independently verify zoning specifications and transit timelines.

City:Miami,Zoning:T5-R,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Latitude:25.8295091,Cooling Y N:1,Heating Y N:1,List Price:1695000,Listing Id:A12063719,Longitude:-80.1930957,Mls Status:Active,Year Built:1947,Living Area:1909,Postal Code:33137,Street Name:59th St,Coordinates:1:25.8295091,Photos Count:70,Building Name:DIXIE HIGHWAY TRACK,Days On Market:48,Listing Terms:1:Owner Will Carry,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:2026-08-01,Parcel Number:01-31-13-065-1640,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,Stories Total:1,Street Number:150,M I A M I R E_ Style:Fourplex,Public Remarks:This 5,552 square foot corner lot is zoned T5-R, permitting development up to 5 stories and 8 units, with an estimated 17,825 buildable square feet under Miami 21 zoning guidelines.The parcel offers corner exposure on 59th Street, across from a school and the Laundromat Art Space and sits adjacent to a church occupying the remaining section of the block fronting Northeast 2nd Avenue, providing a strategic corner position within the surrounding urban footprint. Located within a designated Opportunity Zone one block from the Magic City Innovation District and near the planned Tri-Rail Station corridor, it benefits from strong transit-oriented proximity. The property currently generates approximately $7,000 in gross monthly rental income and features four residential units where each unit includes a private backyard, separate address, independent utilities, impact windows, 4 water meters, and 4 FPL meters. The property is positioned in flood zone X, an area of minimal flood hazard. All buyers are advised to independently verify zoning specifications and transit timelines.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2027-09-30,List Office Name:Beachfront Realty Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,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,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:887.8994,Original List Price:1750000,Previous List Price:1750000,Public Survey Range:31,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:This 5,552 square foot corner lot is zoned T5-R, permitting development up to 5 stories and 8 units, with an estimated 17,825 buildable square feet under Miami 21 zoning guidelines.The parcel offers corner exposure on 59th Street, across from a school and the Laundromat Art Space and sits adjacent to a church occupying the remaining section of the block fronting Northeast 2nd Avenue, providing a strategic corner position within the surrounding urban footprint. Located within a designated Opportunity Zone one block from the Magic City Innovation District and near the planned Tri-Rail Station corridor, it benefits from strong transit-oriented proximity. The property currently generates approximately $7,000 in gross monthly rental income and features four residential units where each unit includes a private backyard, separate address, independent utilities, impact windows, 4 water meters, and 4 FPL meters. The property is positioned in flood zone X, an area of minimal flood hazard. All buyers are advised to independently verify zoning specifications and transit timelines.,Listing Contract Date:2026-08-01,Originating System I D:miamire,Public Survey Section:13,Showing Instructions:Appointment Only,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,M I A M I R E_ Current Price:1695000,M I A M I R E_ Owner Agent Y N:1,Public Survey Township:31,M I A M I R E_ Municipal Code:1,M I A M I R E_ Total Mortgage:675000,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:NE 59th Street T5-R Corner lot - 4-unit income property. By-right development to 8 units/5 stories -Steps to Magic City & planned Tri-Rail Station.,M I A M I R E_ Parcel Number M L X:1640,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.829478$-80.193075$24.74$13.33$1.00$vWz13qSQGu3P89Smrl-GcQ,Contract Status Change Date:2026-08-01,Internet Address Display Y N:1,M I A M I R E_ Cable Available 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:Yes - Attribution Required (Agent and Office),M I A M I R E_ Subdivision Number:65,M I A M I R E_ Agent Alternate Phone:305-491-8217,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:150 NE 59th St,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:887.9,Internet Automated Valuation Display Y N:1,