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
HOA Y/N No
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
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Others
Tax ID 01-31-13-065-1640
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11874428