Basic Information
- MLS # A11933710
- Type Duplex / Quad Plex / Triplex
- Subdivision/Complex Dixie Highway Track
- Year Built 1947
- Total Sqft 1,909
- Date Listed 12/20/2025
- Days on Market 4
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.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
Interior Features
- Adjusted Sqft 1,909Sq.Ft
- Sqft 1,909 Sq.Ft
Property Features
- Aprox. Lot Size 1,909
- Furnished Info No
- Lot Description Less Than Quarter Acre
- Short Sale Regular Sale
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info Dixie Highway Track
- Tax Amount $7,872
- Tax Year 2025
150 NE 59th St
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc. tel: 954-938-7401
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