180 NW 59th Street, Miami, FL 33127

Listing Snapshot

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

ResidentialIncome

Sub-type

Quadruplex

Stories

1

0

Zoning

4600

Utilities

CableAvailable

Subdivision

HIGH SCHOOL PK TRACK

Interior Features

Flooring

Tile,Vinyl

Heating

Electric,SeparateMeters,WallFurnace

Cooling

CeilingFans,Electric,WallWindowUnits

Exterior Features

Construction

Block,Stucco

Exterior Features

Lighting,OutdoorLivingArea

Roof

Flat,TarGravel

Patio / Porch

Patio,Porch

Fencing

Fenced

Pool

No

Waterfront

No

Community Features

MLS Area

2310

Map

Virtual Tour