150 NE 59th Street, Miami, FL 33137
- $1,750,000
- List Price
- $1,750,000
- Days on Market
- 2
- MLS#
- A12063358
- Lot Size
- 5,552
- Subtype
- Unimproved Land
- County
- Miami-Dade
- Subdivision
- Dixie Highway Track
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.
Additional Information
- Restrict
- CityRestrictions
- Taxes
- $7,450
- Utilities
- Electricity Available, Sewer Available, Trash Collection, Water Available
- Acres
- 0.13
- Middle School
- Jose De Diego
- High School
- Miami Edison
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Listing courtesy of Beachfront Realty Inc. Contact:
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Agent: Monica Sciarra | Email: monicasciarra@me.com