For sale
  • $1,300,000

    180 NW 59th St, Miami, FL 33127

    6beds
    4baths
    2,837sqft
    : 
    Quadruplex
    Built in 1926
    -- sqft lot
    $1,207,500 Zestimate®
    $458/sqft
    $-- HOA

    What's special

    Desirable common areas
    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!
    75 days
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    63
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