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$1,300,000
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!Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale
Back to Search 180 NW 59TH ST, MIAMI, FL 33127
Income/MultiFamily - for Sale
180 NW 59TH ST, MIAMI, FL 33127
Asking Price$1,300,000
Share by:
- Lot size 6500sqft
- Taxes: Register to see
- HOA: Register to see
- Year Built 1926
-
Days on market:
72 day(s) Original Price:
$1,300,000Tax Legal Description:
HIGH SCHOOL PARK TR PB 4-44 LOT 2 BLK 4 LOT SIZE 50.000 X 130 OR 20954-4136/21079-4380 06/02 6 COC 24445-0943 04 2006 1Tax Year:
2024-
MLS:
A11854539 -
Property Type:
Income/MultiFamily -
Parking:
On Street -
Inclusions:
Building & Land,Fixtures,Leases, Furniture/Fixtures,Leases
Lease Term Remaining:
Annual Lease,Long Term LeaseConstruction Type:
Cbs ConstructionConcrete Block Construction Stucco Insulated Sheet RockRoof:
Tar & Gravel RoofCooling Description:
Wall/Window Unit(s)Heating Description:
Wall/Window UnitsFloor Description:
TileVinylSpecial Listing Conditions:
SaleLot Features:
City LocationIn Residential Area
Description
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