For Sale
$525,000

155 59Th St Miami, FL 33127

7,500 sqft lot, 11-unit potential

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 7,500 square foot lot presents a unique investment opportunity in Miami's burgeoning Little Haiti neighborhood. Priced at $525,000, this property boasts an enviable location, just six minutes from the Design District, ten minutes from Midtown, and fifteen minutes from Miami International Airport. Its strategic position provides unparalleled access to Miami's most desirable areas and vibrant cultural scene. The site is zoned for a multi-family development, allowing for the construction of up to eleven units across five stories, making it an ideal project for developers seeking high-density residential construction. Adding to its appeal, this property is situated within an Opportunity Zone, offering substantial tax incentives for qualified investors. This translates to significant potential for increased returns and a compelling investment proposition in one of Miami's fastest-growing and most dynamic communities. The address is 155 NW 59th St, Miami, FL 33127, in Miami-Dade County. This is a rare chance to capitalize on the ongoing revitalization of Little Haiti and secure a prime piece of Miami real estate.

Highlights

  • 7,500 SF lot in Miami's Little Haiti, priced at $525,000.
  • Multi-family zoning allows for up to eleven units across five stories.
  • Located near the Design District, Midtown, and Miami International Airport.
  • Situated in an Opportunity Zone, offering significant tax incentives.
  • Address: 155 NW 59th St, Miami, FL 33127.

Property Details for 155 59Th St

Property type
Specialty properties

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8298872
Longitude
-80.1988702

FAQs

What type of property is this?
Specialty property - 7,500 sqft lot, 11-unit potential
Where is the specialty property located?
The property is located at 155 59Th St Miami, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 7,500 SF lot in Miami's Little Haiti, priced at $525,000.; Multi-family zoning allows for up to eleven units across five stories.; Located near the Design District, Midtown, and Miami International Airport.
How can I contact the broker?
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155 59Th St
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