$1,300,000
27 NE 60th Ter, Miami FL 33137
63 days on marketPrice reduced $100,000 on Oct 5, 2026
- Living area
- 2,804 sqft
- Price per sqft
- $464
- Type
- Quadruplex
- Year built
- 1929
- Taxes
- $14,575/yr
- MLS #
- A12079952
About this home
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.
Estimated subtotal
$1,215/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $1,215
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33137
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Canvas Real Estate
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.