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Residential Income
$1,300,000
180 NW 59th St Miami, FL

A11873091

302 of 524 for Sale
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an agent
  • Listed On:

    Sep 5, 2025
  • Days on Market:

    93
  • Year:

    1926
  • Taxes:

    $12,727 per year
  • Floor Description:

    Tile, Vinyl
  • Occupancy:

  • Zoning:

  • Parking:

180 NW 59th St Miami, FL 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!

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For Sale Details

  • Floor Description

    Tile, Vinyl

  • Heating Description

    Electric, Window/Wall

  • Photo Count

    23

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    1926

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