150 NE 59th St, Miami FL 33137

Description of 150 NE 59th St, Miami FL 33137

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- the only property sharing the block with the church- offering added privacy and unique dual -frontage advantage. Located in a federally designed Opportunity Zone, one block from Magic City Innovation District -the recently revived $3B AI-focused development anchored by Dragon Global and less than 3 blocks away 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. Flood zone X. Buyer to verify all zoning, transit distance and eligibility independently.

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 Location, Corner Lot, Less Than 1 Acre, 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