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Four-Unit Quadplex
For Sale
$1,695,000

150 NE 59th St, Miami, FL 33137

Residential Income, Miami, FL

Property Size1,909 SF
Lot Size0.13 Acres
Price / SF$887.90
Days on Market51

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 1, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 2, Bathroom 1
Subdivision DIXIE HIGHWAY TRACK
Lot features Corner Lot
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
Water source Public

Amenities

private backyard
impact windows

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: Sep 20 Last Checked: Sep 20 at 7:06PM
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 1947 quadplex contains four residential units on a 5,552-square-foot corner lot, with 1,909 square feet of building area. Each residence has a private backyard, separate address, independent utilities, and impact windows. The property includes four water meters and four FPL meters, along with laminate flooring, electric heating and cooling, a shingle roof, block construction, public water, and public sewer.

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

Property Analytics

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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

Multi-tenant
Tenancy
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - T5-R zoning supports development of up to 5 stories and 8 units.
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 $1,695,000.
What are key features of this property?
This property features: 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
More about this property
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