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27 NE 60th Ter, Miami FL 33137

Multi-family For Sale
$1,300,000

BTC: 16.27033792

ETH: 534.53947368

-$100K (2026/10/05)
53 days
0 room(s)
2,804 sqft

Overview

Rare opportunity to own an income-producing fourplex in one of Miami’s most promising redevelopment corridors. Located just blocks from the revived Magic City Innovation District – Little Haiti, this property offers investors existing rental income today with significant long-term upside as the surrounding area continues to transform. The nearby approximately $3 billion master-planned development is expected to bring thousands of new residential units, technology and AI-focused commercial space, retail, restaurants, hotels, public spaces and future transit connectivity to the area. Positioned near the Design District, Midtown, Wynwood, Biscayne Boulevard and Little River, 27 NE 60th Terrace sits directly in the path of Miami’s continued northward growth. This is more than a fourplex — it is an opportunity to own scarce multifamily real estate near one of Miami’s largest planned redevelopment projects. SELLER IS OFFERING A $50,000 CREDIT TO BUYER AT CLOSING IF PROPERTY IS PURCHASE AT FULL PRICE!!! Own the income today. Own the location for tomorrow.

Location

Florida • Miami • 33137 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1929
Lot:
No Data
Heating:
None
Price/sqft:
$464
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,150,000
$707K – $2.1M
Confidence Low
List vs. estimate
$150K above estimate
List $1,300,000 · +13.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$463
+6.3% vs. city median $436
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $477K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,575
2025
Parking
8 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • None

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

    Other interior features

    • Stairs

  • Other Property Information

    • Parcel Number: 01-31-13-049-0233

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $14,575

  • Source details

    • MLS ID: A12079952

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Living Area: 2804

    • Subdivision Name: ROCKMOOR PLACE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33137
311
median $849K
Active
Same city
Miami
6,218
median $650K
Active
Same type
Multi-family
247
median $914K
Active
Similar price
$910K – $1.7M
948
median $1.2M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Canvas Real Estate