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.
- Swimming Pool
- Heating System
- Cooling System
- Architectural Style
- Roof:
- Shingle
- Sewer
- 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''
- Building Area:
- 1,909 Sqft
- Construction Materials:
- Block
- Flooring:
- Laminate
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 01-31-13-065-1640
- Subdivision Name:
- DIXIE HIGHWAY TRACK
- Tax Annual Amount:
- $7,450
- Utilities
Residential Income For Sale
150 Ne 59th St, Miami, Florida 33137, Miami, Florida 33137
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,750,000
- Square Footage :
- 1,909 Sqft
- Year Built :
- 1947
- MLS # :
- A12063719
- Property Sub Type :
- Quadruplex
