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.
USD 2,300,000
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Miami, United States
