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Four-Unit Quadplex Property
For Sale
$1,750,000

150 NE 59th St, Miami, FL 33137

Residential Income, Miami, FL

Property Size1,909 SF
Lot Size0.13 Acres
Price / SF$916.71
Days on Market30

Property Features for 150 NE 59th St

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description T5-R
Bedrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 1
Subdivision DIXIE HIGHWAY TRACK
Lot features Corner Lot, < 1/4 Acre
Standard status Active
APN 01-31-13-065-1640
Size 1,909 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax 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
Tax Annual Amount 7450
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

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric

Building Details

Year built 1947
Floors in Building 1
Flooring type Laminate
Building materials Block
Roof type Shingle
Architectural style Other
Listing Agency: Beachfront Realty Inc
Listed By: Monica Sciarra · License #3382598
Added: Aug 1 Changed: Aug 29 Last Checked: Aug 30 at 9:06PM
MLS# A12063719

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Miami quadplex consists of two block-constructed duplex buildings with 1,909 adjusted square feet of improvements and four total residences. Each unit includes one bedroom and one bathroom, a private backyard, a separate address, impact windows, and independent utility metering. Long-term tenants are in place, with residents responsible for their own utilities. The property was built in 1947 and includes laminate flooring, electric heating and cooling, a shingle roof, and public sewer service.

The corner-lot setting is directly across from a school and a laundromat art gallery, with the property backing to a church occupying the block front along NE 2nd Avenue. T5-R zoning is identified as allowing development up to five stories and eight units, with an estimated 17,825 buildable SF under Miami 21. The site is also within a federally designated Opportunity Zone and one block from the Magic City Innovation District. Flood zone X applies.

Key Highlights

  • Four total units across two duplex buildings
  • 1,909 adjusted sf of construction on a corner lot
  • Each residence has 1BR + 1BA, a private backyard, and a separate address

Property Analytics

Current Use

Cybertruck Miami Wrap Auto Repair Shop

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Restaurant Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,205
Businesses Nearby

Demographics for 33137, FL

25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two duplex buildings offer separately addressed residences with private outdoor areas and individually metered utilities.
Where is this quadplex located?
The property is located at 150 NE 59th St Miami, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Four total units across two duplex buildings; 1,909 adjusted sf of construction on a corner lot; Each residence has 1BR + 1BA, a private backyard, and a separate address
More about this property
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