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180 NW 59th StMiami, FL 33127

For Sale

$1,300,000

Smart Buyer Rebate $13,000

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!

Listed by Kevin Bernhardt

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License #3516937

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The Keyes Company

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305-491-6043

Last updated September 05, 2025

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Source: MIAMIRE #A11873091

Listing Facts

  • TypeMulti-family
  • NeighborhoodEdison
  • Days on Prevu1
  • Taxes$12,727/year
  • Size2,837 sqft
  • Price per sqft$458

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

09/05/2025
Listed by The Keyes Company
$1,300,000

Property Details for 180 NW 59th St

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Number Of Units Total: 5
  • Property Condition: Substantially Remodeled
  • Roof: Flat Roof With Facade Front, Tar & Gravel Roof
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Quadruplex, Fourplex
  • Window Features: Single Hung Metal
  • Year Built: 1926
  • Year Built Details: Effective Year Built
  • Architectural Style: Detached, Old Spanish
  • Building Name: HIGH SCHOOL PK TRACK
  • Construction Materials: Concrete Block Construction, CBS Construction, Stucco
  • Exterior Features: Exterior Lights

Features

  • Fencing: Fenced
  • Patio And Porch Features: Open Porch, Patio

Measurements

  • Building Area Total: 2,885
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-13-063-0521
  • Tax Annual Amount: $12,727.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Tile, Vinyl

Measurements

  • Living Area: 2,837
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: HIGH SCHOOL PK TRACK

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Electric, Window/Wall
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.