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 parcel is positioned at 150 NE 59th St in Miami, across from a school and Laundromat Art Space, with a church adjoining the remaining block frontage along Northeast 2nd Avenue. It is one block from the Magic City Innovation District and near the planned Tri-Rail Station corridor. The site is designated T5-R under Miami 21 zoning guidelines, with development potential of up to 5 stories, 8 units, and an estimated 17,825 buildable square feet. It is also within an Opportunity Zone and flood zone X.
Key Highlights
- Four residential units, each with a private backyard, separate address, independent utilities, and impact windows
- 5,552‑square‑foot corner lot with 1,909 square feet of building area
- T5‑R zoning supports up to 5 stories and 8 units under Miami 21 guidelines
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