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High School Park, 180 NW 59th St, Miami, FL 33127

2,837SqFt

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Details

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Status:
Active
Size: 2,837 SqFt (264 m2)
Price: $458/SqFt ($4,932/m2)
Type: Multi Family
Built: 1926
MLS Number: A11873091
On Site: 23 Days
Updated: 23 Days ago
Page Views: 0
Located in a coveted opportunity zone, this 5-unit multifamily property boasts over $100,000 in permitted electrical & plumbing upgrades, ensuring reliable infrastructure. Zoned t-5-r, there's great potential for higher-density mixed-use development, allowing up to 5 stories with retail, office, and residential spaces—unlocking significant value appreciation. Durable concrete block construction, there is a mix of 1, 2, and 3-bedroom units, each with separate electric meters for tenant convenience. Spacious front & back yards, perfect for making desirable common areas for potential new tenants. Not in a flood zone, this investment offers a strong cap rate, making it a rare find in miami’s competitive market. Bringing rents up to current market will also dramatically improve your returns!
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence, Lighting, Porch, Patio
      Interior, Heating and Cooling
      • Heating Description: Electric,WallFurnace
      • Cooling Description: CeilingFans, Electric, WallWindowUnits
      Building and Construction
      • Floor Description: Tile,Vinyl
      • Windows/Treatment: Metal,SingleHung
      • Year Built: 1926
      • Year Built Description: Effective Year Built
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-09-05T11:50:02.000-00:00
        Taxes, Fees & More
        • Taxes: 12727

        Price History

        09/05/2025

        Date

        Listed

        Event

        $1.3M

        Price

        $458 ft2 / $4,932 m2

        Price Per

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

        Listed by Kevin Bernhardt • The Keyes Company • Buyer Agency Compensation .

        Instant Comps

        $200/ft²
        $300/ft²
        $400/ft²
        $600/ft²

        Unit 180 NW 59th St – Asking

        $458/ft²

        (+25%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $368/ft²
        Community $/Price Range (Closed) $365/ft² – $371/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
        THINKING OF SELLING IN High School Park at Miami?

        Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

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