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 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.

Features
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof:
Shingle
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
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

1,909 Sqft
$1,750,000
MLS # #A12063719
Basic Details
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
Agent info
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