150 NE 59th St, Miami, FL 33137
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: monica sciarra
Office: beachfront realty inc305-405-0615
MLS#:A12092467
Source:SEFMLS
Price summary
- Price:$1,695,000
About this home
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....
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Home facts
- Subdivision & Development:DIXIE HIGHWAY TRACK
- Listing ID #:A12092467
- Updated:September 21, 2026 at 03:57 AM
Structure and exterior
- Lot area:0.13 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$1,695,000
- Tax amount:$7,450 (2025)
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