300-320 NE 60th St - Warehouse FOR SALE


Miami, FL 33137- Little Haiti
$13,000,000 USD
954-864-3274
300-320 NE 60th St, Miami, FL for Sale
$13,000,000 USD
Warehouse - FOR SALE
1/11
null | 5.22% Cap Rate

300-320 NE 60th St
Miami, FL 33137
Little Haiti


HIGHLIGHTS

  • 18 Parking Spaces Total
  • 6 Parking Spaces per Building, on site & gated
  • Stabilized Cash Flow with Future Development Opportunity
  • Across from The Magic City Innovation District-Little Haiti's vertical mixed-use development, Sixty Uptown, breaking ground 2025

OVERVIEW

Metro 1 Commercial is proud to present 300-320 NE 60 St, Miami, FL (“The Property”) for sale. The Property features three warehouses, recently built in 2017, with a total of 18,895 SF of building on a 25,000 SF lot. Located across from the Master-Planned Magic City Innovation District - Little Haiti in Little River/Little Haiti, a rapidly growing neighborhood currently undergoing a transformation from industrial to creative office, retail, restaurants, breweries, showrooms, and other creative uses, as well as incoming vertical mixed-use developments. Recently named the coolest neighborhood in Miami by Timeout Magazine, Little River/Little Haiti is home to Miami’s best restaurant, Sunny’s Steakhouse; one of the city’s top entertainment venues, ZeyZey; the largest padel club in the US, Ultra Padel; Michelin-starred restaurant Boia De; and Bib Gourmand restaurant La Natural. Other cool businesses include Imperial Moto Cafe, Fooq’s, Magic 13 Brewing Co., Citadel Food Hall, Magie, Tran An, Raw Fit, Mid’s Market, Counter Culture Coffee, Eliou, Ogawa, Bar Bucce, Fiorito, and 727 Pilates, to name a few. On the horizon, several master-planned projects and individual developers are set to break ground on vertical mixed-use developments. The Magic City Innovation District Little Haiti is about to break ground with Sixty Uptown, located directly across the street from The Property. Sixty Uptown will feature 349 luxury rental units. AJ Capital is planning a massive mixed-use project in the 27 acres they own, which currently house a number of the concepts previously mentioned. Cedar Street has just broken ground on its first Florida project in the neighborhood, featuring 191 design-forward units. Additional projects are also in progress, including Swerdlow’s mega project, Yakol’s HOUSE by Shigeru Ban, and Midtown Capital’s 348-unit project. This presents an opportunity to acquire a property with stabilized cash flow while the surrounding area continues to evolve, allowing for a future redevelopment with improved rents or vertical development.

FOR SALE DETAILS

PRICE

$13,000,000 USD

PRICE/SF

$657 USD /SF

CAP RATE

5.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sale Leaseback - Creative Flex Bldg

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2017

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.57

LAND SF

24,829

ZONING

D1

APN/PARCEL ID

01-3218-016-0110

ASK ABOUT THIS PROPERTY

Andres NavaMetro 1 CommercialMore Info
954-864-3274

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Andres NavaMetro 1 CommercialMore Info
954-864-3274

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.