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- 150 NE 59TH ST
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For Sale
Listed on December 20, 2025
150 NE 59TH ST
$1,100,000
0 Beds
0 Baths
1,909 sqft
0 Parkings
Lot size
-
Annual Tax
$7,872
Occupancy
Tenant
Year Built
1947
Property type
Multifamily
#MLS
A11933710
Description
Two buildings - 4 fully legal corner units (no middle units) all with private outdoor spaces .Each unit features 1bed/ 1bath generating $82,800 year in gross annual income, with potential to increase to approximately 90k. Separate address and tenants pay their own utilities , minimal operating expenses. Property has Impact windows 4 water meter and 4 FPL meters . Zoned T5-R allowing development up to 5 stories and 8 units -17,825 buildable SF estimated under Miami 21 on 5.552 Sq ft lot. Located in the heart of the Innovation District neighborhood fronting 59th St and adjacent to NE 2nd Avenue ,offering stability, privacy and unique positioning. Less than 0.4 miles 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. Net return 5.5% including new buyer's property taxes. Please do not disturb tenants ,all showings by appointment only.
Beachfront Realty Inc
Features & Details
Learn about the features and details of 150 NE 59TH ST
Property Details
- Property TypeQuadruplex
- Living Area1,909 sqft
- Year Built1947
- Lot Size-
- Stories-
- Annual Tax$7,872.00
- List Date12/20/2025
- Updated12/30/2025
- Last CheckedRecent
- MLS Number#A11933710
- BrokerageBeachfront Realty Inc
- Postal Code33137
- AreaMiami-Dade
- CityMiami
Additional Property Features
- OccupancyTenant
- List Price$1,100,000.00
- Unit Number-
- ConstructionBlock
- HeatingHeatPump
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningZoned
- ElevatorNo
- LockerNo
- Swimming PoolNone
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedNone
- FurnishedNo
- Assessment Year2025
- AssignmentNo
- Extras IncludedNone
- Virtual TourView virtual tour
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 150 NE 59TH ST
$0
20.0%
$1,100,000
1%
5.25%
10%
Estimated Monthly Payment
$5,273
Cash Flow Analysis
Mortgage Payment:
$5,273.38
Monthly Payment:
$5,929.38
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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About this property
Discover this stunning quadruplex in the heart of Little Haiti, Miami. This well-appointed property offers 1,909 square feet of living space. Originally built in 1947. Offered at $1,100,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 150 NE 59TH ST
150 NE 59TH ST, MLS® A11933710 has a size of 1909 sqft.
There are bedrooms and bathrooms in this Multifamily at 150 NE 59TH ST, MLS® A11933710.
Annual taxes for this home are $7,872 based on 2025 tax year reports.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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150 NE 59TH ST
150 NE 59TH ST