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!
Property Details
Price:
$1,300,000
MLS #:
A11873091
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
HIGH SCHOOL PK TRACK
Neighborhood:
highschoolpktrack
Listed Date:
Sep 5, 2025
Finished Sq Ft:
2,837
Total Sq Ft:
2,885
Year Built:
1926
Units:
5
See this Listing
Schools
Interior
Cooling
Ceiling Fan(s), Electric, Wall/Window Unit(s)
Flooring
Tile, Vinyl
Heating
Electric, Window/Wall
Exterior
Architectural Style
Detached, Old Spanish
Construction Materials
Concrete Block Construction, CBS Construction, Stucco
Exterior Features
Exterior Lights
Roof
Flat Roof With Facade Front, Tar & Gravel Roof
Financial
Tax Year
2024
Taxes
$12,727
Map
Community
- Address180 NW 59th St Miami FL
- SubdivisionHIGH SCHOOL PK TRACK
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
Market Summary
Current real estate data for Multi Family in Miami as of Mar 07, 2026
499
Multi Family Listed
143
Avg DOM
471
Avg $ / SqFt
$1,151,770
Avg List Price
Property Summary
- Located in the HIGH SCHOOL PK TRACK subdivision, 180 NW 59th St Miami FL is a Multi Family for sale in Miami, FL, 33127. It is listed for $1,300,000
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