Home » Miami » 56 NW 60th St, Miami, FL 33127 | A11678458

Residential For Sale 56 NW 60th St, Miami, FL 33127

$350,000

Property Highlights

Listing ID A11678458 Status of this Listing: Active For Sale Property Type Land Residential Lot area 5,900 Sqft/548.13 m2 approx. This listing had previously gone off the market, and it is now Back on the Market. Time of this property on Rebonus 107 Day(s)

56 NW 60th St, Miami, FL 33127

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.

Useful Info

Contingency:Other
Original List Price:$350,000

Land Lot (Parcel) Details

Number of Lots:1
Lot Size Acres:0.13
Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Property Features

Waterfront:No
Building Features:
  • Other
Property Entrance Faces:
  • North

Taxes and Expenses

Tax Annual Amount:$6,917

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Road Surface Type:
  • Paved
Subdivision Name:HIGH SCHOOL PK TRACK
Senior Community:No
Development Name:Dev new townhomes
Development Status:
  • Other

Parking

Covered Spaces:0

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Municipal Code1
Ref1090387542
Subdivision Number63

Zoning and Legal

Tax Legal Description:HIGH SCHOOL PARK TR PB 4-44 LOT 7 BLK 1 LOT SIZE 50.000 X 118 OR 18753-3307 08 1999 1 COC 22312-4865 05 2004 4
Real Estate Folio Number (Parcel Number):01-31-13-063-0060
Zoning Description:5700
Public Survey Township:1
Public Survey Range:31
Public Survey Section:13

Listing History

Update/EventDate/Days
Published Date:October 21, 2024 1:37 pm
On Market Date:October 21, 2024
Price Change Date Time:October 17, 2024 10:24 pm
Last Important Update Description:Back On Market
Date and Time of Last Important Update:December 9, 2024 9:07 am
Status Last Changed:December 9, 2024 9:07 am
Photos Last Modified:October 21, 2024 5:45 pm
Last Modified:December 9, 2024 2:08 pm
Days on the Market Reference Date:December 9, 2024
Days on the Market (updated on Last Modified*):43
Cumulative Days on the Market (updated on Last Modified**):43

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:13
Location:,City Location,Less Than 1/4 Acre Lot
Included:,,
Area:31
Automated Valuation Display:Yes
Courtesy of:Douglas Elliman
Universal Property Id:US-12025-N-0131130630060-R-N

Location

Show Property Address:Yes
Street Name:60th St
Street Number:56
Street Direction Prefix:NW
Street Address:56 NW 60th St
City : Miami
State : Florida
Zip Code : 33127
County : Miami-Dade
Full Address:56 NW 60th St, Miami, FL 33127
Latitude:N25° 49' 49.9''
Longitude:W81° 48' 8.8''

Neighborhood

Postal City:Miami

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