AAtlantic Commercial AdvisorsKW Commercial · South Florida
150 NE 59th St
For SaleMLSQuadruplex

150 NE 59th St, Miami, FL

$1.70M

Listing courtesy of Beachfront Realty Inc (Monica Sciarra). Contact: [email protected].

About this property

Prominent corner property directly on NE 59th Street.This 5,552 square foot corner lot is zoned T5-R, permitting development up to 5 stories and 8 units, with an estimated 17,825 buildable square feet under Miami 21 zoning guidelines.The parcel offers corner exposure, across from a school and the Laundromat Art Space and sits adjacent to a church occupying the remaining section of the block fronting Northeast 2nd Avenue, providing a strategic corner position within the surrounding urban footprint. Located within a designated Opportunity Zone one block from the Magic City Innovation District and near the planned Tri-Rail Station corridor, it benefits from strong transit-oriented proximity. The property currently generates approximately $7,000 in gross monthly rental income and features four residential units where each unit includes a private backyard, separate address, independent utilities, impact windows, 4 water meters, and 4 FPL meters. The property is positioned in flood zone X, an area of minimal flood hazard. All buyers are advised to independently verify zoning specifications and transit timelines.

Property facts

Sqft
1,909
Year Built
1947
Location
Miami, FL 33137
County
Miami-Dade County
Florida risk
FEMA flood zone
Zone X, minimal risk
Ground elevation
12.9 ft
Hurricane evacuation zone
Not in a designated evacuation zone
Distance to the coast
0.8 mi

Sources: FEMA National Flood Hazard Layer (panel 12086C0304L, effective 2009-09-11), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-02. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.

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Interested in this property?

Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.

Listing data courtesy of Miami REALTORS® / Southeast Florida MLS. This site is operated by Anthony Conners, Atlantic Commercial Advisors, KW Commercial. Atlantic Commercial Advisors is not the listing broker unless stated.

Listing data last updated Sep 30, 2026, 10:48 PM ET.

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS.

150 NE 59th St, Miami, FL · Atlantic Commercial Advisors