56 NW 60th St - Residential LAND FOR SALE


Miami, FL 33127- Little Haiti5,898 SF
$350,000 USD
305-582-2424
56 NW 60th St, Miami, FL for Sale
$350,000 USD
Residential LAND - FOR SALE
1/15
5,898 SF

56 NW 60th St
Miami, FL 33127
Little Haiti


HIGHLIGHTS

  • Existing duplex rented for current income | Covered Land Play
  • Potential redevelopment to two - 2-story duplex townhomes for rent or re-sale
  • Between high growth areas of Magic City, MIMO District & the Design District
  • Text agent to request video and pics of the interior
  • See attachments in Data Room for due diligence, disclosure & details

OVERVIEW

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. See attachments in Due Diligence Vault. See template agreements to make offers attached.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/ACRE

$2,584,068/AC

PRICE/SF

$59 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Develop two 2-story townhomes

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.14 AC

LAND SF

5,900 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

T3-O

APN/PARCEL ID

01-3113-063-0060

ASK ABOUT THIS PROPERTY

Brian Carter, MBA, CCIMDouglas EllimanMore Info
305-582-2424

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Brian Carter, MBA, CCIMDouglas EllimanMore Info
305-582-2424

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