180 NW 59th St, Miami, FL 33127
Local realty services provided by:CENTURY 21 World Connection
Listed by: kevin bernhardt
Office: the keyes company305-247-7221
MLS#:A11873091
Source:SEFMLS
Price summary
- Price:$1,300,000
- Price per sq. ft.:$450.61
About this home
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!
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Home facts
- Year built:1926
- Listing ID #:A11873091
- Updated:June 17, 2026 at 09:54 AM
Rooms and interior
- Flooring:Tile, Vinyl
- Living area:2,837 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric, Wall/Window Units
- Heating:Electric, Wall Furnace
Structure and exterior
- Roof:Flat, Tar/Gravel
- Year built:1926
- Building area:2,837 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block, Stucco
- Exterior Features:Fence, Open, Patio, Porch
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$450.61
- Tax amount:$12,727 (2024)
Features and amenities
- Amenities:Lighting, Metal Windows, Single Hung Windows
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