Property Details
| Asking Price | $1,695,000 |
|---|---|
| Price per SqFt | — |
| Property Taxes | $7,450 2025 |
| Interior Space | — |
| Beds/Baths | —/— |
| Lot Size | 5,552 SqFt |
| MLS # | A12092467 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Taxes based on MLS provided figures, and may not be accurate. No HOA fee is reported for this home.
From the listing
Prominent corner property directly on NE 59th Street. This 5,552 square foot corner lot is zoned T5-R, permitting development up to 5 stories and 8 units, with an estimated 17,825 buildable square feet under Miami 21 zoning guidelines. The parcel offers corner exposure, across from a school and the Laundromat Art Space and sits adjacent to a church occupying the remaining section of the block fronting Northeast 2nd Avenue, providing a strategic corner position within the surrounding urban footprint. Located within a designated Opportunity Zone one block from the Magic City Innovation District and near the planned Tri-Rail Station corridor, it benefits from strong transit-oriented proximity. The property currently generates approximately $7,000 in gross monthly rental income and features four residential units where each unit includes a private backyard, separate address, independent utilities, impact windows, 4 water meters, and 4 FPL meters. The property is positioned in flood zone X, an area of minimal flood hazard. All buyers are advised to independently verify zoning specifications and transit timelines.
Listed by Beachfront Realty Inc
Sales History for This Home · 150 NE 59th Street, Miami, FL 33137
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A2010492 | $245,000 | 12/23/14 |
| A1731842 | $181,000 | 5/10/13 |
Listed by Beachfront Realty Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.