$1,300,000

Price reduced

27 NE 60th Ter, Miami FL 33137

2,804 sq ftBuilt 1929MLS# A12079952

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About this property

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.

Property details

Property type
Multi-family
Year built
1929
Living area
2,804 sq ft
Price per sq ft
$464
Property taxes
$14,575/yr
Parking
8 spaces
Floors in building
2
Building / community
Rockmoor Place
Status
Price reduced
MLS #
A12079952

Listing courtesy of Canvas Real Estate.

Location

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