150 NE 59th St, Miami FL 33137 | Miami-Dade County | A12063358
- $1,750,000
- $1,750,000
Description
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 any future development’s light and sight lines. The lot also backs up to a full-block church that fronts NE 2nd Avenue- the only lot directly behind a full block church offering added privacy and unique dual -frontage advantage. Less than 1/2 mile to the planned Innovation District Tri-Rail Station ( Northeast 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. Flood zone X. Buyer to verify all zoning, transit distance and eligibility independently.
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Address
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Address: 59th St
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City: Miami
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Zip/Postal Code: 33137
Details
Updated on August 1, 2026 at 4:53 pm-
Property ID A12063358
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Price $1,750,000
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Property Status Active, Commercial Land
Additional details
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Building DIXIE HIGHWAY TRACK
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Area Dixie Highway Track
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Annual Tax 7450
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Association No
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Private Pool No
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Waterfront No
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Subdivision DIXIE HIGHWAY TRACK
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Tax Year 2025
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Flood Zone X
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New Construction No
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Lot Size (Sq Ft) 5552
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