$350,000
For Sale

56 NW 60th St

Miami, FL 33127
Browse 13 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Lot DescriptionCity Location, Less Than 1/4 Acre Lot, Fenced, Sidewalk
    • Measurements
      • Acres0.13
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • SubdivisionHIGH SCHOOL PK TRACK, Dev new townhomes
    • Location
      • CountyMiami-Dade County
  • Other
      • MLS #A11678458

Location

Mike MehdipourThe Mehdipour Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00