150 NE 59th St, Miami, FL 33137

Description of 150 NE 59th St, Miami, FL 33137

This 5,552 square foot corner lot is zoned T5-R, permitting development up to 5 stories and 8 units, with an estimated 17,825 buildable square feet under Miami 21 zoning guidelines. The parcel offers corner exposure on NE 59th Street, across from a school and the Laundromat Art Space and sits adjacent to a church occupying the remaining section of the block fronting Northeast 2nd Avenue, providing a strategic corner position within the surrounding urban footprint. Located within a designated Opportunity Zone one block from the Magic City Innovation District and near the planned Tri-Rail Station corridor, it benefits from strong transit-oriented proximity. The property currently generates approximately $7,000 in gross monthly rental income and features four residential units where each unit includes a private backyard, separate address, independent utilities, impact windows, 4 water meters, and 4 FPL meters. The property is positioned in flood zone X, an area of minimal flood hazard. All buyers are advised to independently verify zoning specifications and transit timelines.

Property Details for 150 NE 59th St, Miami, FL 33137

Pool Private

No

Building Information for 150 NE 59th St, Miami, FL 33137

Building Name

DIXIE HIGHWAY TRACK

Building Area Units

Square Feet

Association

No

Property Information for 150 NE 59th St, Miami, FL 33137

Lot Features

City Location, Corner Lot, Near School, Urban Area Development, Regular Lot

Lot Size Square Feet

5,552

Waterfront

No

Frontage Length

60

View

No

Sewer

Public Sanitation

Water Source

Municipal Water

New Construction

No

Public Records for 150 NE 59th St, Miami, FL 33137

Parcel Number

01-31-13-065-1640

Tax Annual Amount

$7,450

Tax Year

2,025

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

Zoning

T5-R

County Or Parish

Miami-Dade County

Location