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$1,300,000
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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!
Full Property Details
Full Property Details for 180 NW 59th St
General
- Price: $1,300,000
- Taxes: $12,727 (2024)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11873091
- Updated: 9/5/2025
- Added to Site: 133 day(s) ago
Rental Information
- Approvals: Approved
- Rent Includes: Water
Interior
- Flooring: Tile, Vinyl
Exterior
- Exterior Features: Exterior Lights
- Deck/Patio: Open Porch, Patio
Location
- Area: High School Pk Track
- County: Miami-Dade County
- Subdivision: HIGH SCHOOL PK TRACK
- Building Name: HIGH SCHOOL PK TRACK
Community
- Community Name: High School Pk Track
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric, Wall/Window Unit(s)
- Heating Type: Electric, Window/Wall
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Old Spanish
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction, Stucco
- Roof: Flat Roof With Facade Front, Tar & Gravel Roof
- Windows: Single Hung Metal
- Stories/Levels: 1
- Building Size: 2885
- Square Feet: 2,837
- Sq. Ft. Source: Building Plan/Survey
- Living Area: 2,837 Sq. Ft.
- Year Built: 1926
- Property Condition: Substantially Remodeled
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 4600
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $458.23
- Tax Amount: $12,727
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Accounting Statements, Financial Statement, Inventory, Copy Of Lease(S), Other Available Information, Rent Rolls
- 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
- Property ID: 01-31-13-063-0521
Listed by The Keyes Company
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Schools
Schools serving 180 NW 59th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Toussaint L'Ouverture Elementary 120 Northeast 59th Street, Miami, FL 33137 | PK-5 | 0.3 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.6 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 180 NW 59th St
Date
Details
Price
Change
Source
9/05/2025
Listed
$1,300,000
61.49%
MLS
10/28/2022
Sold
$805,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 180 NW 59th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,727
7%
$637,955
11%
2023
$11,847
41%
$576,334
15%
2022
$8,419
14%
$499,124
32%
2021
$7,377
—
$377,086
25%
2021
$7,377
23%
$302,268
10%
2019
$6,004
13%
$275,194
10%
2018
$5,335
11%
$250,177
10%
2017
$4,818
21%
$227,434
25%
2016
$3,969
8%
$181,324
10%
2015
$3,688
9%
$164,840
10%
2014
$3,398
35%
$149,855
35%
2013
$2,514
—
$110,996
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 180 NW 59th St
180 NW 59th St, Miami, FL 33127 (MLS# A11873091) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 180 NW 59th St is currently listed for $1,300,000 and was received on September 05, 2025. Want to learn more about 180 NW 59th St? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

