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    180 NW 59Th St Miami, FL 33127

    For Sale
    $1,300,000

    Multi Family - Miami, FL

    Type:Single Family Attached
    Days on Market:
    122
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 180 NW 59Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Zoning
    4600
    APN
    01-31-13-063-0521
    Parking features
    On Street

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Multi Units, Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1926
    Number of units
    5
    Flooring type
    Tile, Vinyl
    Building materials
    Block, Stucco
    Architectural style
    Other

    Keyes Company Realtors (305) 371-3592 [email protected]

    Listing agent Kevin Bernhardt (305) 247-7221 License #3516937

    Listing date Aug 8, 2025

    MLS# A11854539 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Multifamily Opportunity Zone Property

    This five-unit multifamily property is located in an Opportunity Zone. The property has undergone over $100,000 in permitted electrical and plumbing upgrades. The T-5-R zoning allows for higher-density mixed-use development, with the potential for up to five stories featuring retail, office, and residential spaces. Constructed with durable concrete block, the property includes a mix of one, two, and three-bedroom units, each equipped with separate electric meters. The property features spacious front and back yards, suitable for creating common areas for tenants. The property is not located in a flood zone. Bringing rents up to current market will also dramatically improve your returns!
    Property Profile Location Intelligence

    Current Use by Public Records

    Opportunity zone commercial ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.199347
    Latitude
    25.829222

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    FAQs

    What type of property is this?
    Apartment building - Five-unit multifamily property in Miami Opportunity Zone with development potential.
    Where is this apartment building located?
    The property is located at 180 NW 59Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - High-density mixed-use development potential with T-5-R zoning, allowing up to 5 stories for retail, office, and residential spaces.; - Over $100,000 in permitted electrical & plumbing upgrades already completed.; - Strong cap rate in a competitive Miami market.
    (305) 247-7221
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    180 NW 59Th St Miami, FL 33127
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    Miami, FL 33127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    180 NW 59Th St Miami, FL 33127
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