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Dixie Highway, 150 NE 59th St, Miami, FL, Florida 33137

1,909SqFt

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Details

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Status:
Active
Size: 1,909 SqFt (177 m2)
Price: $576/SqFt ($6,202/m2)
Type: Multi Family
Built: 1947
MLS Number: A11933710
On Site: 5 Days
Updated: 1 Days ago
Page Views: 0
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 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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: HeatPump
        • Cooling Description: Zoned
        Building and Construction
        • Floor Description: Vinyl
        • Year Built: 1947
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-12-20T08:04:35.000-00:00
          Taxes, Fees & More
          • Taxes: 7872

          Apples-to-Apples Comparables

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          Price History

          12/20/2025

          Date

          Listed

          Event

          $1.1M

          Price

          $576 ft2 / $6,202 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Monica SciarraBeachfront Realty Inc • Buyer Agency Compensation .

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