Property 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 light and sight lines for future development .The lot backs up to a church that occupies the entire block fronting NE 2nd Avenue- this is the only property sharing that block with the church ,offering added privacy and unique dual -frontage advantage. Located in a federally designed Opportunity Zone. One block from Magic City Innovation District -the recently revived $3B AI-focused development anchored by Dragon Global and less than 3 blocks away 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. Flood zone X. Buyer to verify all zoning, transit distance and eligibility independently.

Features
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33137
Street:
150 Ne 59th St, Miami, Florida 33137
Longitude:
W81° 48' 25''
Latitude:
N25° 49' 46.2''
MLS Addon
Cumulative DOM:
6
DOM:
6
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
LotSize Dimensions:
60x93
Parcel Number:
01-31-13-065-1640
Subdivision Name:
DIXIE HIGHWAY TRACK
Tax Annual Amount:
$7,450
Utilities
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Land For Sale

150 Ne 59th St, Miami, Florida 33137, Miami, Florida 33137

5,552 Sqft
$1,750,000
MLS # #A12063358
Basic Details
Property Type :
Land
Listing Type :
For Sale
Price :
$1,750,000
Lot Area :
5,552 Sqft
MLS # :
A12063358
Agent info
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