Basic Information

  • Type Commercial
  • Year Built 1926
  • Total Sqft 6,500
  • Date Listed 08/08/2025
  • Days on Market 14
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!

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description On Street

Interior Features

  • Adjusted Sqft 6,500Sq.Ft
  • Sqft 6,500 Sq.Ft

Property Features

  • Aprox. Lot Size 6,500
  • Furnished Info No
  • Short Sale Regular Sale
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $12,727
  • Tax Year 2024

180 NW 59th St

Miami, FL 33127

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company. tel: 305-247-7221

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