Nest Seekers

Morningside development site one block east of Biscayne Blvd and minutes from the bay.

631 60th Street
Miami, FL 33137

Listing

Web ID:5842947
Website:https://www.nestseekers.com/5842947

Property

Ownership: For Sale
Type: Land
Lot Size: 0.2 Acres

Financials

Price:$2,300,000
Annual Taxes:$25,593

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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12119176

Amenities

  • Electricity Available
  • Sewer Available
  • Water Available

Location

631 60th Miami FL 33137 USA

Contact

Palm Beach, FL
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Phone: +1 561-725-9229
deborahg@nestseekers.com
Listing Courtesy of Moyal Capital Investments LLC
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