150 NE 59th St, Miami, FL 33137

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150 NE 59th St,Miami, FL 33137
$1,100,000
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  • 0.13 Acres
  • Lots / Land
  • Active
Listed by: monica sciarra
Office: beachfront realty inc
MLS#:A11933713
Source:SEFMLS

Price summary

  • Price:$1,100,000

About this home

Prime redevelopment site in Miami's Little Haiti/Innovation District. Corner T5-R parcel allows by right up to 5 stories and 8 residential units with 17,825 buildable SF. Currently improved with a four-plex. Two Duplexes - 4 fully legal corner units (no middle units) all with private outdoor spaces .Each unit features 1bed/ 1bath generating $82,800 year in gross annual income, with potential to increase to approximately 90k. Located in the heart of the Innovation District neighborhood directly behind a full block church fronting NE 2nd Avenue ,offering stability, privacy and unique positioning It is located approximately 0.4 miles from the planned Tri-Rail Station Northeast Corridor and close to Wynwood, Design District and Biscayne Blvd. Across from Laundromat Art Space gallery and 1 block away from Magic City .Flood zone X.Net return 5.5% including new buyer's property taxes. Please do not disturb tenants ,all showings by appointment only.

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Home facts

  • Listing ID #:A11933713
  • Updated:January 07, 2026 at 10:59 AM

Structure and exterior

  • Lot area:0.13 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,100,000
  • Tax amount:$7,872 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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