150 NE 59th St, Miami, FL 33137

Miami
Local realty services provided by:First Service Realty ERA Powered
150 NE 59th St,Miami, FL 33137
$1,750,000
Virtual Tour
  • 0.13 Acres
  • Lots / Land
  • Active
Listed by: monica sciarra
Office: beachfront realty inc305-405-0615
MLS#:A12063358
Source:SEFMLS

Price summary

  • Price:$1,750,000

About this home

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...

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Home facts

  • Subdivision & Development:DIXIE HIGHWAY TRACK
  • Listing ID #:A12063358
  • Updated:August 09, 2026 at 10:03 AM

Structure and exterior

  • Lot area:0.13 Acres
  • Lot Features:Rectangular Lot

Utilities

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

Finances and disclosures

  • Price:$1,750,000
  • Tax amount:$7,450 (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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