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High School Park, 180 NW 59th St
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OFF MARKET
$1,300,000
2,837
SqFtStatus
OFF MARKETExpired
Size
2,837 SqFt (264 m2)
Price
$458/SqFt ($4,932/m2)
Type
Multifamily
Built
1926
MLS Number
A11873091
On Site
375 Days
Updated
42 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
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
09/05/2025
Listed
$1.3M
$458 ft2
$4,932 m2
09/05/2025
$1.3M
Event
Listed
Price Per
$458 ft2
$4,932 m2
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 .
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Scores
84
100
52
100
68
100
74
100
0
100
33
100
2
100
Community Snapshot
$450K – $600K
Price Tier
1,000 - 13,510
SqFt Range
1959
Year Build
2
Total Floors
Subdivision Amenities
Laundry
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