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Image 1 - 631 Ne 60th St, Miami, Florida, 33137 - House for sale
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Home For Sale In Miami, Florida
631 Ne 60th St, Miami, Florida, 33137

Home For Sale In Miami, Florida

house for sale
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Listed: 06/03/24

631 Ne 60th St, Miami, Florida, 33137

Studio Bed:
2,370 Sq Ft Living Area:
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Price
$ 1,98M

About This House

ONE Sotheby's is proud to market an exclusive redevelopment opportunity to build up to a 21-unit multifamily in the Morningside corridor off Biscayne Blvd. The property is currently a duplex1 Single family 2/1 main house and a 2/1 separate structure on a10, 250sf lot with both T6-08 and T5-R zoning. This would allow for the redevelopment of the property consisting of 21 units with a vertical potential of 3 stories within the overlay. Whether you're a seasoned developer seeking your next triumph or an investor with an eye for opportunity, this parcel of land offers the perfect canvas and ideal setting for a sleek, modern structure rising amidst the bustling energy of Morningside. Its favorable zoning promotes a dynamic urban landscape where a multifamily oasis is poised for success.

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Miami Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Miami, United States averaged $714,770, a decrease of 31.1% from the previous month.
Median price trends for properties for sale in Miami, United States as of June 2024.

Household Income

Median household income: $41,818
Number of households: 182,631
The average household income in Miami, FL grew from $40,327 to $41,818 in the past year. This data is an estimate based upon 182,631 households in Miami, FL.
The chart below presents how household income is distributed in Miami, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Miami, FL compared to median property taxes around the country. The prevalent amount of property taxes in Miami, FL equals $3k+ , which is more than the national average.