150 NE 59th St, Miami, FL 33137
Residential Income, Miami, FL
Property Features for 150 NE 59th St
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Investment Insights
Based on property information with market context.
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
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Market
Vacancy Rate% for Multifamily in South region