631 Ne 60th St, Miami, FL 33137

$2,300,000

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List Price
$2,300,000
MLS#
A12119176
Status
ACTIVE
Type
Commercial

Property Description

Morningside development site one block east of Biscayne Blvd and minutes from the bay. 10,250 SF (approx. 100 x 104) at 631 NE 60th Street, zoned 6100 Commercial-Neighborhood: build a 12-unit apartment building or 4 luxury townhomes; single-family use is also permitted. Plans are in processing for 4 townhomes with private elevators, 2-car garages, individual pools and rooftop terraces. Existing structure is tenant-occupied, generating $3,750/month in current income with a 60-day termination clause, so you collect rent while you finalize your plans. Survey, geotech report and proposed floor plans available upon request. Aerial photo shows the lot highlighted in yellow.

Additional Information

Days on Market
1
Tax Amount
$25,593
Parcel Number
01-32-18-000-0290
Lot Size
10,250
Directions
From Biscayne Blvd, head east on NE 60th St. Property is on NE 60th St between NE 6th Ave and NE 7th Ave.
Address
631 Ne 60th St, Miami
Development Name
Pierces Div Lemon City Pb
Development
Pierces Div Lemon City Pb
Section
18

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Listing Courtesy of Moyal Capital Investments LLC, Contact: