Miami, FL 33127 180 NW 59th St
$1,300,000
18 more
Presented By: This listing is courtesy of The Keyes Company;
Beds • 6
Baths • 4
SQFT • 2,837
Home Details
Located in a coveted Opportunity Zone, this 5-UNIT multifamily property boasts over $100,000 in permitted electrical & plumbing upgrades, ensuring reliable infrastructure. Zoned T-5-R, there's great potential for higher-density mixed-use development, allowing up to 5 stories with retail, office, and residential spaces—unlocking significant value appreciation. Durable concrete block construction, there is a mix of 1, 2, and 3-Bedroom units, each with separate electric meters for tenant convenience. Spacious front & back yards, perfect for making desirable common areas for potential new tenants. Not in a flood zone, this investment offers a strong cap rate, making it a rare find in Miami’s competitive market. Bringing rents up to current market will also dramatically improve your returns!
Presented By: This listing is courtesy of The Keyes Company;
Interior Features for 180 NW 59th St
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcePlans
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile, Vinyl
Heating Y/NYes
Window FeaturesMetal, SingleHung
General for 180 NW 59th St
Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsBlock, Stucco
CoolingCeilingFans, Electric, WallWindowUnits
CountyMiami-Dade
Garage Y/NNo
HOANo
HeatingElectric, WallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionHIGH SCHOOL PARK TR PB 4-44 LOT 2 BLK 4 LOT SIZE 50.000 X 130 OR 20954-4136/21079-4380 06/02 6 COC 24445-0943 04 2006 1
LevelsOne
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area31
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
Patio/Porch FeaturesOpen, Patio, Porch
Pool FeaturesNone
PossessionClosingAndFunding, CloseOfEscrow
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesWater
RoofFlat, TarGravel
Senior Community Y/NNo
SewerPublicSewer
Showing InstructionsCall Listing Agent, Showing Assist
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameHIGH SCHOOL PK TRACK
Tax Annual Amount12727.0
Tax Year2024
UtilitiesCableAvailable
Virtual TourClick here
Year Built1926
Year Built DetailsEffective Year Built
Zoning Description4600
Exterior for 180 NW 59th St
Building Area Total2885.0
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesFence, Lighting, Porch, Patio
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Kameron Presume
Realtor®
