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150 NE 59th, Miami, FL 33137

$1,695,000

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List Price
$1,695,000
Price Change
▼ $55,000 1789010176
MLS#
A12063358
Status
ACTIVE
Lot Size
5,552
County
Miami-Dade
Subdivision
Dixie Highway Track
Region
2310

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

Additional Information

Water
Public

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Calculator source: Real Geeks

Listing courtesy of Beachfront Realty Inc. Contact: