Miami, FL 33127 180 NW 59th St
$1,300,000
18 more
Presented By: This listing is courtesy of The Keyes Company
Beds • 2
Baths • 1
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
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths
Other Interior Features
LivingAreaSourcePlans
Air Conditioning Y/NYes
FlooringTile, Vinyl
Heating Y/NYes
Window FeaturesMetal, Single Hung
General for 180 NW 59th St
Architectural StyleFourplex
CityMiami
Construction MaterialsBlock, Stucco
CoolingCeiling Fan(s), Electric, Wall/Window Unit(s)
CountyMiami-Dade
Full Baths1
HeatingElectric, Wall Furnace
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 UnitsSquare Feet
MLS Area31
Number Of Units Total1
Occupancy TypeCall Agent
Patio/Porch FeaturesOpen, Patio, Porch
Pool FeaturesNone
PossessionClosing & Funding, Close Of Escrow
PostalCityMiami
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent IncludesWater
RoofFlat, Tar/Gravel
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameHIGH SCHOOL PK TRACK
Tax Annual Amount12727
Tax Year2024
UtilitiesCable Available
Virtual TourClick here
Year Built1926
Year Built DetailsEffective Year Built
Zoning Description4600
Exterior for 180 NW 59th St
Building Area Total2885
Covered Spaces
Exterior AmenitiesFence, Lighting, Porch, Patio
Lot Features< 1/4 Acre
SpaNo
Total Parking0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Brad Bird
Realtor®
