Land in Miami, FL 33127
High School Park, 56 NW 60th St

Own in High School Park?

Overview Features True Comps Price History Payment Location Similar Homes

Own in High School Park?

OFF MARKET

$350,000

Estimate Payment $2,346 Closing Costs

Beds

0.14

Acre

$2,500,000

$/Acre

0.14 AcresLot Size

$2,500,000/AcrePrice per acre

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.

Listing Courtesy Of: Douglas Elliman

Local Realty Services Provided By: Best of Luxury Realty

On Site: 740 DaysUpdated: 586 Days agoPage Views: 0

All features

Property SqFt: 5900
Remarks: 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.
Internet Remarks: 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.
Waterfront: No info
Directions: North
Days on Market: 148
Compass Point: NW
Office Name: Douglas Elliman
Area: 5900
Taxes: 6917
Tax Year: 2024
Listing Date: 2024-10-21T13:37:55.000-00:00
Lot Size Square Feet: 5900