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Corner Quadplex with Redevelopment Potential
New
For Sale
$1,750,000

150 NE 59th St, Miami, FL 33137

MULTI_FAMILY - Other - Miami, FL

Property Size1,909 SF
Lot Size0.13 Acres
Price / SF$916.71
Days on Market6

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 Bedroom 2, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 4, 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 4 Last Checked: Aug 6 at 12:06AM
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 1,909-square-foot quadplex property consists of two duplex buildings with four total units. Each residence includes one bedroom and one bathroom, along with a private backyard and separate address. Tenants are in place, and each unit has its own water and FPL meter. Impact windows are installed throughout. The buildings date to 1947 and feature block construction, laminate flooring, electric heating and cooling, shingle roofing, and public sewer service.

The corner property is directly across from a school and backs to a church occupying the block along NE 2nd Avenue. T5-R zoning allows by-right development up to 5 stories and 8 units, with an estimated 17,825 buildable square feet under Miami 21. The site is less than 1/2 mile from the planned Innovation District Tri-Rail Station and one block from Magic City.

Key Highlights

  • Two duplex buildings provide 4 total units, each with 1 bedroom and 1 bathroom
  • 1,909 square feet of construction on a corner property
  • T5‑R zoning allows by‑right development up to 5 stories and 8 units

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

Yes
Paved road access
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 - Four tenant-occupied units offer private backyards, separate addresses, 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: Two duplex buildings provide 4 total units, each with 1 bedroom and 1 bathroom; 1,909 square feet of construction on a corner property; T5‑R zoning allows by‑right development up to 5 stories and 8 units
More about this property
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