56 NW 60th St Active

Miami,FL 33127

$ 350000

- Bed

0 Bath

- SqFt


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

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