FL > Miami > Dixie Highway Track
Miami, FL 33137,150 NE 59th St
Miami, FL 33137,150 NE 59th St
Miami, FL 33137,150 NE 59th St
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Monica Cataluña, CCIM

Monica Cataluña, CCIM

+1(954) 812-1831
$1,600,000
Est. payment /mo
1,909 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,909 sqft

Price per Sqft $838

Subdivision Dixie Highway Track

MLS Listing ID A11874428

Style Fourplex

HOA Y/N No

Year Built 1947

Annual Tax Amount $7,450

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

Two Duplexes - 4 units, each 1bed +1bath generating up $90k year gross income at market rents when fully rented. Each unit has a private backyard, separate address and tenants pay utility. Property has Impact windows 4 water meter and 4 FPL meters . Zoned T5-R 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. Only lot located directly behind a full block church fronting NE 2nd Avenue ,offering stability, privacy and unique positioning. Less than 1/2 mile to the planned Innovation District Tri-Rail station ( Northeast Smart 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. No flood zone.

Location

State FL

County Miami-dade

Community Dixie Highway Track

Area 31

Interior

Heating Heat Pump

Cooling Ceiling Fan(s), Zoned

Flooring Ceramic Tile, Laminate

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-13-065-1640

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11874428

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Beachfront Realty Inc
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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150 NE 59th St