$1,695,000
Miami, FL 33137
MLS# A12063719
1909 sqft
1 / 70
Property Description
Corner lot currently improved with two duplex buildings totaling 1,909 adjusted sf of construction - 4 units total , each 1BR +1BA, 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 light and sight lines for future development. The lot backs up to a church that occupies the entire block fronting NE 2nd Avenue- this is the only property sharing that block with a church-offering added privacy, exceptional four-sided exposure and abundant natural light.Located in a federally designed Opportunity Zone, one block from Magic City Innovation District -the recently revived $3B AI-focused development anchored by Dragon Global ,strategically located near the planned Innovation District Tri-Rail Station( Northeast Corridor) positioning the property to potentially benefit from future transit-oriented development (TOD-TSND) opportunities.Strong land appreciation and redevelopment potential with zoning that allows vertical growth. Across from Laundromat Art Space gallery. Flood zone X. Buyer to verify all zoning, transit distance and eligibility independently.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-01
Status: Active
Original List Price: 1750000
List Price: $1,695,000
Current Price: $1,695,000
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
Number Of Units Total: 4
Adjusted Area Main: 1909
Living Area Main: 1909
Parking Total: 0
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 1909
Year Built: 1947
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 7450
Tax Year: 2025
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
Flooring
Laminate: 1
Property Condition
Resale: 1
Documents Available
Deposit - Security: 1
Structure Type
Multi Family: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Electric: 1
Separate Meters: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Owner Will Carry: 1
Lot Features
Corner Lot: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 6900
Cooling
Electric: 1
Showing Requirements
Appointment Only: 1
Tax Information
Tax Reflects No Exemptions: 1
Unit 1 Details
Actual Rent: 1800
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
On Street: 1
Unit 2 Details
Actual Rent: 1900
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
On Street: 1
Unit 3 Details
Actual Rent: 1800
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 3 Lease Description
Lease Term: Month To Month
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
On Street: 1
Unit 4 Details
Actual Rent: 1400
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
Unit 4 Lease Description
Lease Term: Month To Month
Unit 4 Other Equipment
Air Conditioning Unit: 1
Unit 4 Parking Features
On Street: 1
Price Calculations
Current Price To SqFt: 887.89
Section Details
Parcel Number MLX: 1640
Status Change Information
Major Change Timestamp: 2026-09-09T22:30:32Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-09T22:30:32Z
Status Change Date: 2026-08-01
Originating Details
Originating System Key: 540330095
Originating System ID: M00000151
Property Features
Documents Available: Deposit - Security
Flooring: Laminate
Property Condition: Resale
Structure Type: Multi Family
Construction Materials: CBS
Cooling: Electric
Heating: Electric; Separate Meters
Listing Terms: Cash; Owner Will Carry
Lot Features: Corner Lot
Possession: Close Of Escrow; Subject To Tenant Rights
Roof: Shingle
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Showing Requirements: Appointment Only
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: On Street
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: On Street
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: On Street
Unit 4 Other Equipment: Air Conditioning Unit
Unit 4 Parking Features: On Street
Listing Office: Beachfront Realty Inc
Last Updated: September - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
