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$1,750,000
150 NE 59th Street
Miami, FL 33137
MLS# A12063358



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Property Description
Corner lot currently with two duplex buildings totaling 1,909 adjusted sf of construction - 4 units total , each 1bed +1bath, with long-term tenants in place, generating steady income until development begins. Each unit has a private backyard, separate address and tenants pay their own utilities . Impact windows throughout - 4 water meters and 4 FPL meters . Zoned T5-R allowing by right development up to 5 stories and 8 units -17,825 buildable SF estimated under Miami 21 on 5.552 Sq ft corner lot. Open corner exposure directly across from a school maximizes any future development's light and sight lines. The lot also backs up to a full-block church that fronts NE 2nd Avenue- the only lot directly behind a full block church offering added privacy and unique dual -frontage advantage. Less than 1/2 mile 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. Buyer to verify all zoning, transit distance and eligibility independently.

Details
Maps
Contract Information
Comp Sale YN: No
LP/Acre: 13461538.46
LP/Frontage: 29166.67
Listing Date: 2026-07-31
Status: Active
Original List Price: 1750000
List Price: $1,750,000
Current Price: $1,750,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33137
Subdivision Number: 65
Flood Zone: X
Country: United States
Street Number: 150
Street Direction Prefix: NE
Street Name: 59th
Street Suffix: Street
State Or Province: FL
Postal Code: 33137
Postal Code +4: 2006
Subdivision Name: DIXIE HIGHWAY TRACK
Area: 2310
Middle Or Junior School: Jose De Diego
High School: Miami Edison
Parcel Number: 0131130651640
Zoning: T5-R
General Property Information
Lot Size Dimensions: 0.13
Lot Depth: 93
Lot Frontage: 60
LP/SqFt: 315.2
Property Sub Type: Unimproved Land
Lot Size Acres: 0.13
Lot Size Square Feet: 5552
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Year: 2025
Tax Annual Amount: 7450
Tax Legal Description: DIXIE HIGHWAY TR PB 5-24 LOT 10 BLK 11 73R-20732 LOT SIZE 59.700 X 93 COC 24192-3349 01 2006 1
Office/Member Information
DXORIGMLSID: SEF
Short Sale Details
Short Sale Addendum: No
Comprehensive Plan Use
Central Urban: 1
Current Use
Other: 1
Environmental Audit
None: 1
Location of Property
City Location: 1
Corner Lot: 1
Corner Unit: 1
Possession
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Special Information
City Jurisdiction: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Trash Removal: 1
Lot Features
Regular Lot: 1
Road Frontage Type
Easement: 1
Public Road: 1
Road Responsibility
Public Maintained Road: 1
Water Source
Public: 1
Income and Expenses
Inc/Exp Statement Period: 0
Gross Scheduled Income: 82800
Showing Requirements
Call Listing Agent: 1
Showing Service: 1
Price Calculations
Current Price To SqFt: 309.03
Section Details
Parcel Number MLX: 1640
Status Change Information
Major Change Timestamp: 2026-07-31T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-31
Originating Details
Originating System Key: 539306549
Originating System ID: M00000151
Property Features
Comprehensive Plan Use: Central Urban
Current Use: Other
Environmental Audit: None
Location of Property: City Location; Corner Lot; Corner Unit
Possession: Subject To Tenant Rights
Sewer: Public Sewer
Special Information: City Jurisdiction
Utilities: Electricity Available; Sewer Available; Water Available; Trash Removal
Lot Features: Regular Lot
Road Frontage Type: Easement; Public Road
Road Responsibility: Public Maintained Road
Water Source: Public
Showing Requirements: Call Listing Agent; Showing Service

IDX
Listing Office: Beachfront Realty Inc

Last Updated: August - 01 - 2026

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