4 months on rocket

631 NE 60th St, Miami, FL, 33137

$1,975,000

0.24 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
MLS #A11605625
Lot Size0.24 Acres
StatusActive

About 631 NE 60th St

Exclusive redevelopment opportunity to build up to a 21-unit multifamily in the Morningside corridor off Biscayne Blvd. The property is currently a duplex—1 Single family 2/1 main house and a 2/1 separate structure on a 10,250 sf 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.

Property Details

Property Features

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (305) 666-0562
  • Listing Agent: Jorge Uribe

Virtual/3D Tour

  • Virtual Tour: 631 NE 60th St
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Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

School Info

Assigned Schools Information:

  • Miami Edison Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Morningside K-8 Academy, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,975,000

Tax Information:

  • Annual Amount: $8,677
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

631 NE 60th St vs Miami

146 DAYS ON ROCKET

+86 Days

$1,975,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11605625

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (305) 666-0562
  • Listing Agent: Jorge Uribe

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: 11/5/2024, 2:20:49 PM 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$8,677$393,382
2018$8,057$197,983
2017$7,970$390,113

History based on county public records data.

Payment Calculator

$9,925

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,988

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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.

Elementary School

school-card-donut-2120908
6
/10
  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 0.39 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-2120909
3
/10
  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 2.05 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2120910
3
/10
  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 1.33 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,500. Typical income of Miami, FL residents is between $100k-200k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 631 NE 60th St

What is the listing price of this property?

The listing price of 631 NE 60th St property is $1,975,000.

What type of property is this?

The property 631 NE 60th St is land located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 631 NE 60th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 631 NE 60th St are:
Morningside K-8 Academy: GreatSchools Rating 6/10
Horace Mann Middle School: GreatSchools Rating 3/10
Miami Edison Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,677 (source: MLS/based on county public records data).

How much acreage is this property?

The property 631 NE 60th St is 0.24 acres.
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Rocket HomesFloridaMiami-Dade CountyMiami33137631 NE 60th St

This home is located at 631 NE 60th St in Miami, FL and zip code 33137 in the Morningside / Bay Shore neighborhood. This home sits on a 0.24 acre lot. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $1,975,000.

In October 2024 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 129 listings were sold at asking price, while more than 507 were sold below. The number of listings 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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