New Listing - 10/21/2024

$350,000 ($176.59 per sqft)

Est. Mortgage $1,861/mo *

Quick Pre-Approval

56 NW 60th St, Miami, FL, 33127

56 NW 60th St, Miami, FL, 33127

1925

1,982 sqft

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.


Status:

Active

Type:

Multi-family

Zoning:

5700

Subdivision:

HIGH SCHOOL PK TRACK

Heating:

Central

Cooling:

Central Air

Parking:

2-car

Est. Taxes:

$6,917

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

1

Pool:

None

MLS #:

A11678432


Community Info

School Info

Walk Score

Yelp



Listing courtesy of DOUGLAS ELLIMAN Phone: 3055822424