1 month on rocket

56 NW 60th St, Miami, FL, 33127

$350,000

Home List Price

$4,156*

Closing Credit

0 Baths
1,982 SqFt
$177/SqFt
Multi

Location

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56 NW 60th St, Miami$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1925
HeatingCentral
CoolingCentral Air
MLS #A11678432
StatusActive

About 56 NW 60th St

Potential Redevelopment or Renovation of existing property in Miami, FL. Duplex-zoned land (T3-O) with the benefit of being a covered land play. Currently a duplex rented at $55,200 annually for a potential 6% + Cap. Front is a 3/2 & back is a 2/1.5. Redevelop: Potentially a new two (2) unit, 2-story duplex townhome development. Cash only as property has violations & a demolition order. Text agent to schedule discuss or see attached information. Investors are rolling into this hot area w/in walking distance to the Magic City Tech Hub Development between 59th & 64th Street. Minutes to the Design District, Midtown Miami Shopping, Wynwood Entertainment District, Edgewater/Downtown & the MIMO District of Miami’s Upper East Side.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 1
  • Living Area: 1,982 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 582-2424
  • Listing Agent: Brian Carter PA

Interior Features

Interior Information:

  • Flooring Type: Carpet, Ceramic Tile, Other, Tile

Virtual/3D Tour

  • Virtual Tour: 56 NW 60th St
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Text agent for videos tours & pics of the interiors of both units. See attached draft P&L statement.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $177/SqFt

Tax Information:

  • Annual Amount: $4,443
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

56 NW 60th St vs Miami

30 DAYS ON ROCKET

-30 Days

$350,000

-$210.4K Less

$177/SqFt

-$213 Less

KEY TAKEAWAY

This property is $210.4K less than the Median Sold Price and $213/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11678432

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 582-2424
  • Listing Agent: Brian Carter PA

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,443$172,923
2018$3,623$136,120
2017$3,381$123,746

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-217166
7
/10

  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-217167
7
/10

  • Edison Park K-8 Center

  • 500 NW 67th St

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-217168
7
/10

  • Shadowlawn Elementary School

  • 149 NW 49th St

  • 0.66 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,068. Residents of Miami, FL typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33127›56 NW 60th St

This home is located at 56 NW 60th St in Miami, FL and zip code 33127 in the Buena Vista neighborhood. This 1,982 square foot home was built in 1925. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $350,000.

In October 2024, from all listings sold in Miami, FL there were more than 62 sold above asking price, over 507 sold below and more than 129 were sold right at the asked price. The number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $560,436.

From Rocket Homes Real Estate and based on county public records data.

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