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150 NE 59th St
Miami FL 33137 US

$1,100,000

Active Listing ID A11933710
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4 bed
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4.00 Bath (4 Full)
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Quadruplex

$1,100,000

Active Listing ID A11933710
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150 NE 59th St Two Duplexes - 4 fully legal corner units (no middle units) all with private outdoor spaces .Each unit features 1bed/ 1bath generating $82, 800 year in gross annual income, with potential to increase to approximately 90k. Separate address and tenants pay their own utilities , minimal operating expenses. Property has Impact windows 4 water meter and 4 FPL meters . Zoned T5-R allowing development up to 5 stories and 8 units -17, 825 buildable SF estimated under Miami 21 on 5.552 Sq ft corner lot. Located in the heart of the Innovation District neighborhood fronting 59th St and adjacent to NE 2nd Avenue , offering stability, privacy and unique positioning. Less than 0.4 miles to the planned Innovation District Tri-Rail station (Northeast Corridor). Strong land appreciation and redevelopment potential with zoning that allows vertical growth. Across from Laundromat Art Space gallery and 1 block away from Magic City. Flood zone X. Net return 5.5% including new buyer's property taxes.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 4
  • Cooling System: Zoned
  • Floor Covering: Vinyl
  • Roof Type: Shingle
  • Heating Fuels: Heat Pump (Heating)

Property

  • propertytype: Residential
  • propertysubtype: Quadruplex
  • listprice: 1100000
  • unparsedaddress: 150 NE 59th St
  • postalcity: Miami
  • stateorprovince: FL
  • country: US
  • postalcode: 33137
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 1909
  • livingareaunits: Square Feet
  • listagentfullname: Monica Sciarra
  • listagentemail: monicasciarra@me.com
  • listagentkey: 3yd-MAORFL-3382598
  • listagentmlsid: 3382598
  • listagentpreferredphone: 3054050615
  • listagentofficephone: 3054050615
  • listofficekey: 3yd-MAORFL-ROBR01
  • listagentstatelicense: 3382598
  • listofficemlsid: ROBR01
  • disclaimer: Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1947
  • listagenturl: http://www.beachfrontonline.com
  • countyorparish: Miami-Dade
  • parcelnumber: 01-31-13-065-1640
  • cooling: Zoned
  • constructionmaterials: Block
  • flooring: Vinyl
  • heating: Heat Pump (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Beachfront Realty, Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"leads@beachforntonline.com", "ListBrokerageCity":"Miami Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"roberts9300@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RAMDCFL/c5ababc31d722d79011d727e4e350036/20081106155310385.pjpeg", "ListBrokerageName":"Beachfront Realty, Inc", "ListBrokeragePhone":"305-405-0615", "ListBrokeragePostalCode":"33140", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"517 Arthur Godfrey Rd", "ListBrokerageWebsiteUrl":"http://www.beachfrontonline.com", "ListOfficeAddress1":"18205 Biscayne Blvd Ste 2205", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0691034", "ListOfficeCity":"Aventura", "ListOfficeCountry":"US", "ListOfficeEmail":"beachfrontnews@beachfrontonline.com", "ListOfficePostalCode":"33160", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Fourplex, Quadruplex - Miami, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/150-NE-59th-St_Miami_FL_33137_M66963-18439?f=listhub&s=MAORFL&m=A11933710&c=rexren", "MLSModificationTimestamp":"2025-12-21T20:32:38Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Quadruplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7872, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/22/2025 3:38:45 AM GMT
Source Updated Date: 12/22/2025 6:57:18 AM GMT

Courtesy of: Monica Sciarra, Beachfront Realty Inc, monicasciarra@me.com

Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.