Quadruplex in 27 NE 60th Terrace, Miami, FL 33137 for sale with MLS# A12079952

Rare opportunity to own an income-producing fourplex in one of Miami's most promising redevelopment corridors. Located just blocks from the revived Magic City Innovation District - Little Haiti, this property offers investors existing rental income today with significant long-term upside as the surrounding area continues to transform.The nearby approximately $3 billion master-planned development is expected to bring thousands of new residential units, technology and AI-focused commercial space, retail, restaurants, hotels, public spaces and future transit connectivity to the area.Positioned near the Design District, Midtown, Wynwood, Biscayne Boulevard and Little River, 27 NE 60th Terrace sits directly in the path of Miami's continued northward growth.This is more than a fourplex - it is an opportunity to own scarce multifamily real estate near one of Miami's largest planned redevelopment projects. SELLER IS OFFERING A $50,000 CREDIT TO BUYER AT CLOSING IF PROPERTY IS PURCHASE AT FULL PRICE!!!Own the income today. Own the location for tomorrow.

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Days on the market

27 NE 60th Terrace, Miami, FL 33137

Price
Price:
$1,400,000.00
Original List Price:
$1,400,000.00
List Price per Sq Ft (Calculated, Approx.):
$499.28
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
New Listing
Last Major Update on:
August 29, 2026 4:00 am
Measures
Living Area:
2,804 Sqft
Built-Up Area:
2,804 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Wall/window Unit(s)
Heating System:
None, Separate Meters
Construction
Year Built:
1929
Roof:
Flat
Number of Units Total:
4
Levels:
Two
Construction Materials:
CBS
Flooring:
Tile
Number of stories:
2
Structure Type:
Multi Family
Number of Units in the Community or Building:
4
Flood Zone Code:
X
Property Condition:
Resale, Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$14,575.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
ROCKMOOR PLACE
Senior Community:
No
Terms
Documents Available:
Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
ROCKMOOR PLACE PB 4-180 LOT 10 BLK 3 LOT SIZE 50.000 X 90 OR 20972-1185 01 2003 1 COC 25843-4753 05 2006 4
Real Estate Folio Number (Parcel Number):
0131130490233
Zoning:
5700
Public Schools Assigned
High School:
Miami Edison
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
August 29, 2026
Listing Agreement executed on:
August 29, 2026
Listing Status Last Changed On:
August 29, 2026 4:00 am
Photos updated on:
August 31, 2026 10:37 pm
Last Modified:
August 31, 2026 10:38 pm
Additional Information
Courtesy of:
Canvas Real Estate
Attribution:
Not provided
Location
Street Name:
60th
Street Number:
27
City:
Miami
State:
Florida
Zip Code:
33137
County:
Miami-Dade
Latitude:
N25° 49' 53.9''
Longitude:
W81° 48' 14.9''
Street Suffix:
Terrace
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $82,798
Median Home Value $532,900
Median Rent $2,338/mo
Median Age 34
Population 27,300

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 51 Moderate
☀️ O3 27 Good
🫁 PM2.5 51 Moderate
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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.