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150 NE 59th St Miami, FL $ 1,100,000
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$ 1,100,000 Get more info
150 NE 59th St
$ 1,100,000
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150 NE 59th St

Miami, FL, 33137
$ 1,100,000
Bedrooms1 Baths1.0 Sq 1,909

Monthly Estimate*

$ 6,863

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Multi-Family Home for sale in Miami, FL

for $1,100,000 with 1 bedroom and 1 full bath. This 1,909 square foot home was built in 1947.

Two Duplexes - 4 fully legal corner units (no middle units) all with private outdoor spaces .Each unit features 1bed/ 1bath generating $82,800 year in gross annual income, with potential to increase to approximately 90k. Separate address and tenants pay their own utilities , minimal operating expenses. Property has Impact windows 4 water meter and 4 FPL meters . Zoned T5-R allowing development up to 5 stories and 8 units -17,825 buildable SF estimated under Miami 21 on 5.552 Sq ft corner lot. Located in the heart of the Innovation District neighborhood fronting 59th St and adjacent to NE 2nd Avenue ,offering stability, privacy and unique positioning. Less than 0.4 miles 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. Net return 5.5% including new buyer's property taxes.

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 7,872

Style

Year Built

1947

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11933710
Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Zoned
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1947
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name DIXIE HIGHWAY TRACK
Rent Includes Gardener Trash Collection
Full Baths 1
Status Active
City Miami
Disclosures Owner Is Listing Agent
Zoning Description T5-R
Number Of Units Total 1
MLS Area 31
Lot Size Units Square Feet
Listing Terms Cash Owner May Carry
Year Built Details Resale
Tax Annual Amount 7872
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11933710
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description DIXIE HIGHWAY TR PB 5-24 LOT 10 BLK 11 73R-20732 LOT SIZE 59.700 X 93 COC 24192-3349 01 2006 1
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Interior
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 1
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 0
Building Area Total 1909
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Beachfront Realty Inc

Broker

monicasciarra@me.com

Email

Affordability Calculator

$7,519
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,863
Monthly Property Taxes
$656
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
12/20/2025 $1,100,000 Listed Price

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150 NE 59th St, Miami, FL, 33137 is a Multi-Family Home for sale at $1,100,000 with 1,909 sqft. 150 NE 59th St has 1 bedrooms, 1.0 baths, and was built in 1947. The property's zip code is 33137 which is in Miami, FL

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