1. Florida
2. Miami
3. 180 NW 59th St

180 NW 59th St, Miami, FL 33127

• 2,837 sqft

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!

Listing Status:

Active

Date Added:

September 5, 2025 at 05:00AM

Listing Office:

The Keyes Company : 305-247-7221

Listing Agent:

Kevin Bernhardt : 305-491-6043

MLS ID:

A11873091

Interior

• Flooring: TileVinyl
• A/C: Ceiling Fan(s)ElectricWall/Window Unit(s)
• Heating: ElectricWindow/Wall

Exterior

• General: Exterior Lights
• Style: DetachedOld Spanish

Construction

• Roofing: Flat Roof With Facade FrontTar & Gravel Roof
• Windows: Single Hung Metal
• General: Concrete Block ConstructionCBS ConstructionStucco1

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 4600HIGH 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 101-31-13-063-0521
• Fencing: Fenced

Utilities

• Water: Municipal Water
• Sewer: Public Sewer

Financial

• Source: Miami Association of REALTORS®

This listing courtesy of Kevin Bernhardt, The Keyes Company