$1,300,000
Active
$1,300,000
11405 32nd
Miami, FL 33165
4 bd2 ba2,460 sqft
Coral Way Estates
$1,300,000300 days on marketActive
180 NW 59th Street, Miami, FL 33127
Miami, FL 33127
0
Sq Ft
1926
Year Built
0.15 acres
Lot Size
Listing Snapshot
| List Price | $1,300,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.15 acres |
| Year Built | 1926 |
| Property Tax | $12,727/yr |
| MLS # | 1129089635 |
| Status | Active |
| Days on Market | 300 |
About This Home
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!
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Stories
- 1
- Parking
- OnStreet
- Zoning
- 4600
- Security
- FireAlarm,SecurityGate,SecurityFence,SecurityLights
Interior Features
- Flooring
- Tile,Vinyl
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
Exterior Features
- Construction
- Block,Stucco
- Roof
- TarGravel
- Lot Features
- CityLot,Landscaped,ResidentialLot
- Fencing
- Partial
Community Features
- Community Features
- LaundryFacilities
- MLS Area
- 2310
Map
Virtual Tour
View Virtual TourListed by Kevin Bernhardt · The Keyes Company
MLS# 1129089635 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1129089635 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $1,040,000
%
Est. Monthly$8,155
Principal & Interest$7,095
Property Tax$1,061
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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