12 days on rocket

631 NE 60th St, Miami, FL, 33137

$1,975,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,370 SqFt
$833/SqFt
Multi
Schools Nearby

Location

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631 NE 60th St, Miami$1,975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1930
HeatingOther
CoolingOther
MLS #A11584755
StatusActive

About 631 NE 60th St

ONE Sotheby's is proud to market an 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

Property Information:

  • Year Built: 1930
  • Stories: 1
  • Living Area: 2,370 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 631 NE 60th St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

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
  • Price Per SqFt: $833/SqFt

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

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

631 NE 60th St vs Miami

12 DAYS ON ROCKET

-44 Days

$1,975,000

+$1.4M More

$833/SqFt

+$450 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $450/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11584755

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: 5/22/2024, 10:20:31 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-394880
6
/10
  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 0.39 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-394881
3
/10
  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 2.05 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-394882
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. The majority of Miami, FL residents have income between $100k-200k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


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 2,370 square foot home was built in 1930. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $1,975,000.

In April 2024 more than 120 listings in Miami, FL were sold above the asking price. During the same period more than 157 listings were sold at asking price, while more than 608 were sold below. The number of listings in Miami, FL increased by 7.2% between March 2024 and April 2024. In April 2024 median list price was $546,178 and the average listing age was 56 days.

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

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