$1,100,000

150 NE 59th St, Miami FL 33137

0  beds
  baths
5,552 Square Feet lot
1 days on market

About this property

Prime redevelopment site in Miami's Little Haiti/Innovation District. Corner T5-R parcel allows by right up to 5 stories and 8 residential units with 17,825 buildable SF. Currently improved with a four-plex. Two Duplexes - 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. Located in the heart of the Innovation District neighborhood directly behind a full block church fronting NE 2nd Avenue ,offering stability, privacy and unique positioning It is located approximately 0.4 miles from the planned Tri-Rail Station Northeast Corridor and close to Wynwood, Design District and Biscayne Blvd. 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.

Interior Details

Extras

Property Details

Public Info

  • Lot Size: 5,552 Square Feet
  • APN: 01-31-13-065-1640
  • County: Miami-Dade County

Tax Information

  • Annual Tax Amount: $7,872
  • Tax Year: 2025

Price History

12/22/2025 Listed for Sale
Source: Miami REALTORS® 		$1,100,000
12/22/2025 Listed for Sale
Source: Miami REALTORS® 		$1,100,000
$576/sqft
10/1/2025 Rented
Source: Miami REALTORS® 		$1,900
$1/sqft

Estimated Monthly Payment

Customize assumptions below to estimate your monthly cost.

Est.
$6,730
Principal & Interest $5,708
Property Taxes $656
Home Insurance $367
HOA Fees $0

Walk Score

Walk Score
87
Walk Score®
Very Walkable
Transit Score
52
Transit Score®
Good Transit
Full Walk Score
Bike Score
87
Bike Score®
Very Bikeable

RACVantage maintains this site for informational purposes only and does not warrant the accuracy of listing data such as lot size, square footage, room counts or school districts. Data is provided in part by the Miami MLS courtesy of the Miami Association of REALTORS® and is for consumers’ personal non-commercial use to identify prospective properties of interest. Information is deemed reliable but not guaranteed; you should verify all details independently.

Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






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      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.