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1224 NW 59 Miami, FL $ 535,000
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$ 535,000 Get more info
1224 NW 59
$ 535,000
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1224 NW 59

Miami, FL, 33142
$ 535,000
Baths0.0

Monthly Estimate*

$ 3,294

1224 NW 59, Miami, FL 33142 - Image 1
1224 NW 59, Miami, FL 33142 - Image 2
1224 NW 59, Miami, FL 33142 - Image 3
1224 NW 59, Miami, FL 33142 - Image 4
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Studio

Lots and Land for sale in Miami, FL

for $535,000. The lot size is 0.12.

Exceptional development opportunity in a prime and highly centralized location near public transit, I-95, Midtown, the Health District, Downtown/Brickell, Miami Beach and Miami International Airport. Excellent opportunity in a T4-L zoned area with APPROVED plans and a recorded covenant in place for an 8-unit multifamily project under the Live Local program. This is not a hypothetical. The project has successfully obtained parking reductions and increased unit density, with all supporting records available. The proposed development features a well-designed unit mix within a thoughtfully planned three-story building, including ground-floor parking and a ground-level ADA-compliant unit. Situated on a 5,300 SF lot, the project was carefully designed to comply with zoning requirements necessary for approvals. Additionally, the property benefits from proximity to sufficient water and sewer infrastructure, eliminating the need for costly water main extensions. An ideal opportunity for a developer looking to move directly into the next stages of permitting and construction with significant entitlement work already completed.

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Lots and Land Active

Price

$ 535,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,560

Style

Lot Size

0.12

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12017553
Features
General
Sewer Public Sewer Other
Utilities Water Available
Possession Close Of Escrow Other
Restrictions Deed Restrictions
Property Subtype Commercial
Tax Year 2025
Current Use Other
Ownership Corporation
County Miami-Dade
Property Type Land
Subdivision Name ORCHARD VILLA EXTENSION
Status Active
City Miami
Zoning Description 3901
MLS Area 31
Lot Size Units Square Feet
Lot Size Square Feet 5300
Listing Terms Cash
Tax Annual Amount 3560
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12017553
Standard Status Active
Property Sub Type Additional Commercial
Expected Active Date 2026-05-13
Legal Description ORCHARD VILLA EXT PB 17-55 LOT 9 BLK 7 LOT SIZE 50.000 X 106 COC 24557-4280 05 2006 6
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Interior
Total Baths 0
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Exterior
Lot Features <1 Acre
Water Source Public
Lot Size Area 5300
Lot Dimensions 50x103
Lot Size Acres 0.12
Road Surface Type Paved
Waterfront Y/N false
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Miami Dream Properties Inc.

Broker

305-877-0337

Contact

Affordability Calculator

$3,591
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,294
Monthly Property Taxes
$297
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/12/2026 $535,000 Listed Price

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1224 NW 59, Miami, FL, 33142 is a Lots and Land for sale at $535,000 with a lot size of 0.12. 1224 NW 59 is a studio with 0.0 baths. The property's zip code is 33142 which is in Miami, FL

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