FL > Miami > High School Pk Track
Miami, FL 33127,180 NW 59th St
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Miami, FL 33127,180 NW 59th St
Miami, FL 33127,180 NW 59th St
Miami, FL 33127,180 NW 59th St
Miami, FL 33127,180 NW 59th St
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Amit Bhuta

Amit Bhuta

+1(305) 439-3031
$ 1,300,000
Est. payment /mo
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Active

180 NW 59th St Miami, FL 33127

2,837 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,837 sqft

Price per Sqft $458

Subdivision High School Pk Track

MLS Listing ID A11873091

Style Fourplex

HOA Y/N No

Year Built 1926

Annual Tax Amount $12,727

Tax Year 2024

Property Sub-Type Quadruplex

Property 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!

Location

State FL

County Miami-dade

Community High School Pk Track

Area 31

Interior

Heating Electric, Wall Furnace

Cooling Ceiling Fan(s), Electric, Wall/Window Unit(s)

Flooring Tile, Vinyl

Window Features Metal,Single Hung

Exterior

Exterior Feature Fence, Lighting, Porch, Patio

Pool None

Utilities Available Cable Available

Roof Type Flat,Tar/Gravel

Porch Open, Patio, Porch

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories One

Structure Type Block,Stucco

Others

Tax ID 01-31-13-063-0521

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11873091

Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Keyes Company
Amit Bhuta

Amit Bhuta

Agent | COMP3088610

+1(305) 439-3031

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