27 Ne 60th Ter, Miami, FL 33137

$1,400,000
2,804
SqFt

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List Price
$1,400,000
MLS
A12079952
Complex Name
Rockmoor Place
Status
ACTIVE
Type
Multifamily
Living Area
2,804

Property Description

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.

Additional Information

Days on Market
14
Style
Quadruplex, Fourplex
Special Information
Substantially Remodeled
#Parking Spaces
8
Year Built
1929
Development Name
Rockmoor Place
#Stories
2
Construction Type
CBS Construction
Section
13

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Calculator source: Real Geeks

Listing Courtesy of Canvas Real Estate, Contact: info@canvasre.com