56 NW 60th St Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33127
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