180 NW 59th Street, Miami, FL 33127 (MLS# A11873091)

180 NW 59th Street, Miami, FL 33127

$1,300,000

Virtual Tour

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

Property Type: Residential Income Square Footage: 2,885 Status: Active

Current Price: $1,300,000 List Date: 9/05/2025 Last Modified: 5/31/2026

Overview

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!

Listing Details MLS# A11873091

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 2885
Living Area Main: 2837
Adjusted Area Main: 2861
Year Built: 1926
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Pool Private YN: No
Parking Total: 0

Property Features

Documents Available: Copy Of Lease(s); Financial Statement; Inventory; Other Available Information; Rent Rolls Exterior Features: Lighting Fencing: Fenced Flooring: Tile; Vinyl Property Condition: Updated/Remodeled Structure Type: Multi Family Construction Materials: Block; CBS; Stucco Cooling: Ceiling Fan(s); Electric; Wall/Window Unit(s) Heating: Electric; Separate Meters; Window/Wall Listing Terms: Cash; Conventional Possession: Close Of Escrow; Negotiable Roof: Flat; Tar/Gravel Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent; Showing Service Outdoor Living Spaces: Patio; Porch Porch Details: Porch - Open Unit 1 Parking Features: On Street Unit 2 Parking Features: On Street Unit 3 Parking Features: On Street Unit 4 Parking Features: On Street

Contract Information

Comp Sale YN: No
Original List Price: 1300000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 180
Street Direction Prefix: NW
Street Name: 59th
Street Suffix: Street
City Name: Miami
Municipal Code: 41
State Or Province: FL
Postal Code: 33127
Postal Code +4: 1252
Postal Zip: 33127
Subdivision Name: HIGH SCHOOL PK TRACK
Area: 2310
Parcel Number: 0131130630521
Subdivision Number: 63
Zoning: 4600
Flood Zone: X
Multiple Offers Accepted: No

Financial Information

Tax Annual Amount: 12727
Tax Year: 2024
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 1

Status Change Information

Major Change Timestamp: 2025-09-05T16:12:33Z
Major Change Type: New Listing
Status Change Date: 2025-09-05

More Information

Short Sale Details

Lender Approval: Approved
Short Sale Addendum: No

Income and Expenses

Gross Income: 5550

Unit 1 Details

Actual Rent: 1250
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 1700
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 1400
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 1200
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 4 Lease Description

Currently Leased YN: Yes

Section Details

Parcel Number MLX: 0521

Originating Details

Originating System Key: 420185998
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Exterior Features

Lighting: Yes

Flooring

Tile: Yes
Vinyl: Yes

Property Condition

Updated/Remodeled: Yes

Documents Available

Copy Of Lease(s): Yes
Financial Statement: Yes
Inventory: Yes
Other Available Information: Yes
Rent Rolls: Yes

Fencing

Fenced: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Electric: Yes
Separate Meters: Yes
Window/Wall: Yes

Construction Materials

Block: Yes
CBS: Yes
Stucco: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Flat: Yes
Tar/Gravel: Yes

Water Source

Public: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes
Wall/Window Unit(s): Yes

Showing Requirements

Call Listing Agent: Yes
Showing Service: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Patio: Yes
Porch: Yes

Porch Details

Porch - Open: Yes

Unit 1 Parking Features

On Street: Yes

Unit 2 Parking Features

On Street: Yes

Unit 3 Parking Features

On Street: Yes

Unit 4 Parking Features

On Street: Yes

Documents

Financial Summary ›

Listing Office: The Keyes Company

Last Updated: May - 31 - 2026

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