150 Ne 59th St, Miami, FL 33137

$1,695,000
1,909
SqFt

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List Price
$1,695,000
Price Change
▼ $55,000 1789054864
MLS
A12063719
Complex Name
Dixie Highway Track
Status
ACTIVE
Type
Multifamily
Living Area
1,909

Property 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 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. All buyers are advised to independently verify zoning specifications and transit timelines.

Additional Information

Days on Market
47
Style
Quadruplex, Fourplex
Year Built
1947
Development Name
Dixie Highway Track
#Stories
1
Construction Type
CBS Construction
Section
13

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Listing Courtesy of Beachfront Realty Inc, Contact: