Residential Land for Sale in Miami, Florida

56 NW 60th St Miami, FL 33127

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$350,000
0.13 acres
Active sale agoEst $3,115/mo

Potential Redevelopment or Renovation of existing property in Miami, FL. Duplex-zoned land (T3-O) with the benefit of being a covered land play. Currently a duplex rented at $55,200 annually for a potential 6% + Cap. Front is a 3/2 & back is a 2/1.5. Redevelop: Potentially a new two (2) unit, 2-story duplex townhome development. Cash only as property has violations & a demolition order. Text agent to schedule discuss or see attached information. Investors are rolling into this hot area w/in walking distance to the Magic City Tech Hub Development between 59th & 64th Street. Minutes to the Design District, Midtown Miami Shopping, Wynwood Entertainment District, Edgewater/Downtown & the MIMO District of Miami's Upper East Side.

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Text agent for videos tours & pics of the interiors of both units. See attached draft P&L statement.

Location

Street Address
56 NW 60th St
Community
High School PK Track
Elevation
7 feet
Coordinates
25.8306, -80.1975

Property details

MLS Number
MAOR A11678458
Date Posted

Property taxes

2024
$6,917

Parcels

  • 01-31-13-063-0060

Legal description

Resources

This 0.13-acre property is located at 56 NW 60th St in Miami, FL 33127 with latitude 25.8306 and longitude -80.1975. The property is currently available for sale for $350,000 with a price per acre of $2,692,308. Listing data is sourced from MIAMI Association of Realtors # A11678458.

Verify sale details at the property source or contact Douglas Elliman at (305) 695-6300.

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Copyright (C) 2024 MIAMI Association of REALTORS(R). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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