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$350,000

Est. payment - /mo

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5,662 Sqft Lot

New

56 NW 60th St Miami, FL 33127

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Isaac De Castro

idecastro@bhsusa.com +1(646) 626-7901

UPDATED:

10/21/2024 11:00 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

Waterfront No

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

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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Isaac De Castro

56 NW 60th St Miami, FL 33127

Isaac De Castro

Key Details

Location

Exterior

Building

Others

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56 NW 60th St