150 NE 59th St new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33137
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,909 sqft
Price per Sqft $838
Subdivision Dixie Highway Track
MLS Listing ID A11874428
Style Fourplex
Year Built 1947
Annual Tax Amount $7,450
Tax Year 2024
Property Sub-Type Quadruplex
Property Description
Two Duplexes ( 4 units, each 1bed +1bath) generating $83,400/year gross. 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.
Location
State FL
County Miami-dade
Community Dixie Highway Track
Area 31
Interior
Heating Heat Pump
Cooling Ceiling Fan(s),Zoned
Flooring Ceramic Tile,Laminate
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Structure Type Block
Others
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11874428