180 NW 59th St

Miami, FL 33127
$1,300,000
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, thereRead MoreRead Less
Courtesy of The Keyes Company.
Listing Snapshot
Days Online
239
Last Updated
Property Type
Multi Family
Lot Size
0.15 Acres
Year Built
1926
MLS Number
A11854539
30 Days Snapshot Of 33127
$535k
-4%
(avg) sold price
7
-30%
homes sold
104
+22%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: City Street
Building
Construction Materials: Concrete Block Construction, CBS Construction, Stucco, Insulated, Sheet Rock, Stories: 1, Year Built: 1926, Year Built Details: Resale, Building Area Total: 2837, Building Features: Exterior Lighting, Landscaped, Laundry Facilities, Structure Type: Free Standing
Community
Units In Community: 5
Cooling
Cooling: Wall/Window Unit(s)
Expenses
Insurance Expense: 2990, Maintenance Expense: 840, Operating Expense: 21957, Other Expense: 1080, Trash Expense: 4320
Fence
Fencing: Fenced
Floors
Flooring: Tile, Vinyl
Water Features
Water Source: "Public"
Heating
Heating: Wall/Window Units
Income
Gross Income: $90,600, Gross Scheduled Income: $90,600, Net Operating Income: $68,643
Lot
Square Feet: 6500, Features: City Location, In Residential Area
Miscellaneous
Inclusions: Building & Land, Fixtures, Leases, Furniture/Fixtures, Leases
Parking
Open Parking, Features: On Street
Roof
Roof: Tar & Gravel Roof
Security Features
Features: Smoke Alarm, Security Fence, Security Gate, Security Lights
Sewer
Sewer: Public Sanitation
Taxes
Parcel Number: 01-31-13-063-0521, Tax Annual Amount: $12,727, New Taxes Expense: 12727, 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, Tax Year: 2024
Tenant Pays
Tenant Pays: A/C & Heating Maintenance, Electricity, Telephone
Utilities
Electric On Property YN: t, Electric: 110 Volts Power, 200+ Amp Service, 220 Volts, Separate Meters
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Michael Del Fierro
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