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
·
License #3516937
·
The Keyes Company
·
305-491-6043
Last updated September 05, 2025
·
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
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.
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.