$1,300,000 • living size area 2837 sqft
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!Multi Family - HIGH SCHOOL PK TRACK
180 NW 59TH ST, MIAMI, FL 33127Asking Price$1,300,000
- Living 2837sqft
- Taxes: Register to see
- Year Built 1926
-
Days on market:
79 day(s) -
Adjusted Area:
2861 sqft Original Price:
$1,300,000-
Price per sqft:
$458.23 Tax 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:
A11873091 -
Property Type:
Multi Family -
Style:
Fourplex
Construction Type:
Cbs ConstructionConcrete Block Construction StuccoRoof:
Tar & Gravel RoofFlat Roof With Facade FrontCooling Description:
ElectricCeiling Fan(s)Wall/Window Unit(s)Heating Description:
Window/WallElectricFloor Description:
TileVinylExterior Features:
Exterior LightsLot Features:
Less Than 1/4 Acre LotType of Association:
None
Description
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