13
See all 13 photos
$350,000
Est. payment /mo
5,662 Sqft Lot
Active
56 NW 60th St Miami, FL 33127
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UPDATED:
12/09/2024 02:08 PM
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision High School Pk Track
MLS Listing ID A11678458
HOA Y/N No
Annual Tax Amount $6,917
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Description
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.
Location
State FL
County Miami-dade
Community High School Pk Track
Area 31
Direction Text agent for videos tours & pics of the interiors of both units. See attached draft P&L statement.
Exterior
Street Surface Paved
Building
Lot Description < 1/4 Acre
Faces North
Others
Tax ID 01-31-13-063-0060
Acceptable Financing Cash
Listing Terms Cash
Listed by Douglas Elliman