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5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades

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5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
5-unit Multifamily Property in Miami's Opportunity Zone with Development Potential and Upgrades
The Keyes Company Logo Active Commercial Multifamily

180 Northwest 59th Street, Miami, Florida, 33127, USA

USD $1,300,000
Listed by The Keyes Company
Contact
Reference ID:A11854539 Web ID:0aa93
Property Highlights

  • Located in a coveted Opportunity Zone

  • 5-unit multifamily property

  • Zoned T-5-R allowing 5 stories

  • Concrete block construction

  • Mix of 1, 2, and 3-bedroom units

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!
Detail & Features
  • Transaction Type:Commercial
  • Property Type:Multifamily
  • Status:Active
  • Area:2,837 sf
Map
Area Features
Businesses Nearby

Le Chick Miami

(2 miles away)

Pollos & Jarras

(4 miles away)

Toro Toro

(4 miles away)

Marabu Restaurant

(4 miles away)

Crazy About You

(5 miles away)

Salty Flame

(5 miles away)

Little Havana Restaurant

(5 miles away)

Bayshore Club Bar & Grill

(7 miles away)

LoKal

(8 miles away)

Level 6 Rooftop Restaurant Miami

(8 miles away)
Public Transportation

Northside

(3 miles away)

Northside Sta & 3150 NW 79 St

(3 miles away)

Miami

(4 miles away)

Greyhound: Bus Station

(4 miles away)

Miami Airport

(4 miles away)

Miami Bus Station

(4 miles away)

Miami Intermodal Center

(4 miles away)

Brickell

(5 miles away)

Palmetto Station Rail Southbound

(8 miles away)

Dadeland South

(12 miles away)
Airports

Cruise Terminal A - Port of Miami - Royal Caribbean International

(5 miles away)

Aerolíneas Argentinas MIA AIRPORT Terminal J

(5 miles away)

Miami International Airport

(6 miles away)

Miami-Opa Locka Executive Airport

(7 miles away)

Fort Lauderdale-Hollywood International Airport

(17 miles away)

Miami Executive Airport (KTMB)

(19 miles away)

Palm Beach International Airport

(60 miles away)

Southwest Florida International Airport

(108 miles away)

Key West International Airport

(131 miles away)

St. Pete–Clearwater International Airport

(210 miles away)
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Contact The Keyes Company
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Property Highlights

  • Located in a coveted Opportunity Zone

  • 5-unit multifamily property

  • Zoned T-5-R allowing 5 stories

  • Concrete block construction

  • Mix of 1, 2, and 3-bedroom units

Nearby Multifamily Properties

Commercial

Miami, Florida, USA

2 miles away

10-unit Income Property in Prime Location with Value-add Potential

USD $2,300,000

Details
Commercial

Fort Lauderdale, Florida, USA

21 miles away

Fully Renovated Five-plex in Victoria Park with Development Potential and Strong Income.

USD $1,500,000

Details
Commercial

West Palm Beach, Florida, USA

57 miles away

Well-maintained 6-unit Multifamily Property in South Florida with Value-add Potential

USD $1,300,000

Details
Commercial Sale

Redington Shores, Florida, USA

213 miles away

8-unit Apartment Building on Intracoastal Waterway in Redington Shores

USD $2,250,000

Details