180 NW 59th St, Miami FL 33127 | Miami-Dade County | A11854539
  • $1,300,000

Description

Located in a coveted Opportunity Zone, this 5-unit multifamily property boasts over $100,000 in permitted electrical & plumbing upgrades, ensuring reliable infrastructure. Zoned T-5-R, there’s great potential for higher-density mixed-use development, allowing up to 5 stories with retail, office, and residential spaces—unlocking significant value appreciation. Durable concrete block construction, there is a mix of 1, 2, and 3-Bedroom units, each with separate electric meters for tenant convenience. Spacious front & back yards, perfect for making desirable common areas for potential new tenants. Not in a flood zone, this investment offers a strong cap rate, making it a rare find in Miami’s competitive market. Bringing rents up to current market will also dramatically improve your returns!

Monthly Fees & Carrying Costs

Maintenance Fee $840 / month
Total Monthly Fees $840 / month
  • Address: 59th St
  • City: Miami
  • Zip/Postal Code: 33127

Details

Updated on July 2, 2026 at 6:39 am
  • Property ID A11854539
  • Price $1,300,000
  • Year Built 1926
  • Property Status Active, Commercial Sale

Additional details

  • Flooring Tile, Vinyl
  • Cooling Wall/Window Unit(s)
  • Annual Tax 12727
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional/Refinance, Secondary Financing
  • Waterfront No
  • Total Stories 1
  • Parking On Street
  • Heating Wall/Window Units
  • Structure Type Free Standing
  • Tax Year 2024
  • Construction Concrete Block Construction, CBS Construction, Stucco, Insulated, Sheet Rock
  • Building Area 2837
  • Year Built Details Resale
  • Inclusions Building & Land,Fixtures,Leases, Furniture/Fixtures,Leases
  • Flood Zone X
  • New Construction No
  • Lot Size (Sq Ft) 6500

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Christopher Lazaro

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