Multifamily in Miami, FL 33142
Orchard Villa, 1245 NW 60th St

$1.2M8.3%
$1,100,000
3,752
SqFt
Status
Sold - Dec 04, 2025
Size
3,752 SqFt (349 m2)
Price
$293/SqFt ($3,156/m2)
Type
Multifamily
Built
1958
MLS Number
A11868334
On Site
382 Days
Updated
18 Days ago
Page Views
0
Exceptional income-producing 6-unit multifamily gem in the heart of Miami! This well-maintained building offers (4) spacious 2BR/1BA and (2) 1BR/1BA units, all submetered for water & electric, producing nearly $12K/mo. in rental income with the flexibility of short-term rentals. Upgrades include a brand-new roof, high-impact windows/doors, and completed 40-year recertification for worry-free ownership. Surrounded by transformative projects like Liberty Square & Magic City, this area is primed for explosive growth. Just minutes from Miami Beach, Midtown, Wynwood & the Design District, this turnkey property blends immediate cash flow with incredible long-term upside — a rare opportunity in one of Miami’s most dynamic districts!

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1958
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-08-29T12:49:59.000-00:00
          Taxes, Fees & More
          • Taxes: 10239

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          Price History

          Current
          $1.1M
          High
          $1.2M
          Low
          $1.1M
          Total Change
          -8.3%
          $1.2M$1.2M$1.1MAug 25Aug 25Dec 25
          Date
          Event
          Price
          Change
          Price Per
          12/04/2025
          Sold
          $1.1M
          0%
          $293 ft2
          $3,156 m2
          08/28/2025
          Price Reduced
          $1.1M
          -8.33%
          $293 ft2
          $3,156 m2
          08/28/2025
          Listed
          $1.2M
           
          $320 ft2
          $3,443 m2
          12/04/2025
          $1.1M
          Event
          Sold
          Change
          0%
          Price Per
          $293 ft2
          $3,156 m2
          08/28/2025
          $1.1M
          Event
          Price Reduced
          Change
          -8.33%
          Price Per
          $293 ft2
          $3,156 m2
          08/28/2025
          $1.2M
          Event
          Listed
          Price Per
          $320 ft2
          $3,443 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Bryant GrossoR House Real Estate • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          67

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          51

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          63

          100
          Sound Score®
          Bearable noise
          75

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          32

          100
          Local Score
          Limited local amenities nearby
          2

          100
          Community Snapshot
          2 – 6 BR
          Bedrooms
          $260K – $1.2M
          Price Tier
          612 - 3,920
          SqFt Range
          1958
          Year Build
          1
          Total Floors

          Miami
          Premium
          Premium Homes & Condos