150 59th St ,Residential, Dixie Highway Track for Sale & Rent

150 59th St for Sale & Rent

Price $1,695,000.00

• Lot size 5552
• Year Build
• Waterfront
• Zip 33137
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Prominent corner property directly on NE 59th Street. 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, 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.

DIXIE HIGHWAY TR PB 5-24 LOT 10 BLK 11 73R-20732 LOT SIZE 59.700 X 93 COC 24192-3349 01 2006 1

Fenced

Prominent corner property directly on NE 59th Street. 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, 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.

City:Miami,Zoning:T5-R,List A O R:A-Miami Association of REALTORS,Tax Year:2025,Latitude:25.8295091,List Price:1695000,Listing Id:A12092467,Longitude:-80.1930957,Mls Status:Active,Utilities:1:Irrigation Water,2:Sewer Connected,3:Electricity Available,4:Sewer Available,Current Use:1:Check Land Use Plan,Postal Code:33137,Street Name:59th St,Coordinates:1:25.8295091,Photos Count:70,Building Name:DIXIE HIGHWAY TRACK,Lot Size Acres:0.13,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Dixie Highway Track,On Market Date:2026-09-20,Parcel Number:01-31-13-065-1640,Property Type:Land/Boat Docks,Street Number:150,Public Remarks:Prominent corner property directly on NE 59th Street. 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, 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.,County Or Parish:Miami-Dade County,Direction Faces:Northeast,Expiration Date:2027-10-27,List Office Name:Beachfront Realty Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2006,Property Sub Type:Residential,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:DIXIE HIGHWAY TRACK,Tax Annual Amount:7450,Unparsed Address:150 NE 59th St, Miami FL 33137,Listing Agreement:Exclusive Agency,M I A M I R E_ Blogging:1,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:5552,M I A M I R E_ Flood Zone:X,Original List Price:1695000,Public Survey Range:31,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:Prominent corner property directly on NE 59th Street. 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, 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.,Listing Contract Date:2026-09-20,Originating System I D:miamire,Public Survey Section:13,Showing Instructions:Call Listing Agent,Street Number Numeric:150,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,M I A M I R E_ Current Price:1695000,M I A M I R E_ Owner Agent Y N:1,Public Survey Township:31,M I A M I R E_ Municipal Code:1,M I A M I R E_ Total Mortgage:675000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:NE 59th Street T5-R Corner lot - 4-unit income property .By-right development to 8 units/5 stories - Steps to Magic City & planned Tri-Rail Station.,M I A M I R E_ Parcel Number M L X:1640,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.829478$-80.193075$241.55$13.33$1.00$VPItlOjL9biI9oVqbbXstA,Contract Status Change Date:2026-09-20,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:65,M I A M I R E_ Agent Alternate Phone:305-491-8217,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:150 NE 59th St,Internet Automated Valuation Display Y N:1,