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.
Property Details
Price:
$350,000
MLS #:
A11678458
Status:
Active
Beds:
0
Baths:
0
Address:
56 NW 60th St
Type:
Single Family
Subtype:
Residential
Subdivision:
HIGH SCHOOL PK TRACK,Dev new townhomes
Neighborhood:
High School Pk Track
City:
Miami
Listed Date:
Oct 21, 2024
State:
FL
ZIP:
33127
Lot Size:
5,900 sqft / 0.13 acres (approx)
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Interior
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Financial
Tax Year
2024
Taxes
$6,917
Map
Community
- Address56 NW 60th St Miami FL
- SubdivisionHIGH SCHOOL PK TRACK,Dev new townhomes
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
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