150 NE 59th St, Miami FL 33137 | Miami-Dade County | A12092467
  • $1,695,000

Description

Prominent corner property directly on NE 59th Street. 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, 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 currently generates approximately $7,000 in gross monthly rental income and 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, an area of minimal flood hazard. All buyers are advised to independently verify zoning specifications and transit timelines.

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  • Address: 59th St
  • City: Miami
  • Zip/Postal Code: 33137

Details

Updated on September 20, 2026 at 6:39 pm
  • Property ID A12092467
  • Price $1,695,000
  • Property Status Active, Land/Boat Docks

Additional details

  • Tax Year 2025
  • Building DIXIE HIGHWAY TRACK
  • Listing Terms All Cash
  • Area Dixie Highway Track
  • Waterfront No
  • Association No
  • Private Pool No
  • Structure Type Residential
  • Subdivision DIXIE HIGHWAY TRACK
  • Annual Tax 7450
  • Lot Size (Sq Ft) 5552
  • Flood Zone X
  • New Construction No

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