Miami Multifamily Opportunity Zone
180 NW 59th St, Miami, FL 33127
- Added:
- Jan 28, 2026
- Days on Market:
- 106
- Last Refresh:
- May 14 at 6:06 am
Property Features for 180 NW 59th St
General Information
- Property type
- Commercial Sale
- Property subtype
- Single Family Attached
- Zoning
- 4600
- Parking features
- On Street
- Security features
- Security Gate, Security Lighting
- Exterior features
- Security Lights
- Fencing
- Gate
- Standard status
- Active
- APN
- 01-31-13-063-0521
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 12727
Utilities
- Heating system
- Wall Furnace
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1926
- Number of units
- 5
- Flooring type
- Tile, Vinyl
- Building materials
- Block, Stucco
- Roof type
- Tar/Gravel
- Architectural style
- Other
Listing agent Kevin Bernhardt License #3516937 (800) 438-3973
Listing office The Keyes Company 809 N Flagler Ave, Miami, FL (800) 438-3973
Listing date Jan 28, 2026
MLS# A11854539
Listing URL
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.
HighLights
- Strong cap rate investment property, not in a flood zone, in Miami's competitive market.
- Over $100,000 in permitted electrical & plumbing upgrades.
- Zoned T‑5‑R with potential for higher‑density mixed‑use development up to 5 stories.
- Located in a coveted Opportunity Zone.
- Mix of 1, 2, and 3‑Bedroom units, each with separate electric meters.
- Spacious front & back yards for desirable common areas.
Overview
This five-unit multifamily property is located in an Opportunity Zone. The property has undergone over $100,000 in permitted electrical and plumbing upgrades. Zoned T-5-R, the property allows for higher-density mixed-use development, with the potential for up to five stories featuring retail, office, and residential spaces. Constructed of concrete block, the property includes a mix of one, two, and three-bedroom units, each equipped with separate electric meters. The property features front and back yards. The lot size is 0.1492 acres. The property is not located in a flood zone. Bringing rents up to current market will dramatically improve returns.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.199347
- Latitude
- 25.829222
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Five-unit multifamily property with development potential in Miami's Opportunity Zone.
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: Strong cap rate investment property, not in a flood zone, in Miami's competitive market.; Over $100,000 in permitted electrical & plumbing upgrades.; Zoned T‑5‑R with potential for higher‑density mixed‑use development up to 5 stories.
