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 sits across from a school and backs to a church occupying the full block frontage along NE 2nd Avenue. The property is one block from the Magic City Innovation District and across from Laundromat Art Space gallery. T5-R zoning allows development up to five stories and eight units by right, with an estimated 17,825 buildable SF under Miami 21. The site is in a federally designated Opportunity Zone and Flood Zone X.
Key Highlights
- Two duplex buildings provide 4 total units with 1,909 adjusted SF of construction
- Each unit includes 1BR + 1BA, a private backyard, and a separate address
- T5‑R zoning allows up to 5 stories and 8 units by right
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Demographics for 33137, FL
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Vacancy Rate% for Multifamily in South region