180 NW 59th St , Miami, FL 33127
  • $1,300,000

Overview

Property ID: A11873091
  • Quadruplex, Residential Income
  • Property Type
  • 2885 Sqft
  • Area Size
  • 1926
  • Year Built

Description

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!

Listing courtesy of The Keyes Company.

  • Address: 180 NW 59th St
  • City: Miami
  • State/county: FL
  • Zip/Postal Code: 33127

Details

Updated on September 5, 2025 at 8:00 pm
  • Property ID A11873091
  • Price $1,300,000
  • Property Size 2885 Sqft
  • Garage Size x x
  • Year Built 1926
  • Property Type Quadruplex, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash, Conventional
  • Roof Flat, Tar/Gravel
  • Utilities Cable Available
  • Sewer Public Sewer
  • Cooling Ceiling Fan(s),Electric,Wall/Window Unit(s)
  • Heating Electric,Wall Furnace
  • Flooring Tile, Vinyl
  • County Miami-Dade
  • Property Type Residential Income
  • Pool None
  • Architectural Style Fourplex

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