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    145 NW 61St St Miami, FL 33127

    For Sale
    $625,000

    Residential - Miami, FL

    Lot size:
    0.16 Acres
    Days on Market:
    210
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 145 NW 61St St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    5700
    APN
    01-31-13-052-0140
    Lot size
    0.16 Acres

    Building Details

    Architectural style
    Other

    Compass Florida LLC (305) 851-2820 [email protected]

    Listing agent Maura Padron (305) 851-2820 License #3468391

    Listing date May 12, 2025

    MLS# A11789680 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Multifamily Shovel-Ready Project

    This multifamily property in Miami, Florida, presents a shovel-ready project on a 7,150 sqft lot. The property is designed with exceptional living space and rental income potential. The project saves time and money by skipping the permitting process. The property, totaling 3,478 sqft, includes units thoughtfully designed with 4 bedrooms and 4 bathrooms. Priced at $180/sqft, this opportunity is available for builders or end-users to capitalize on a high-upside property. The property is centrally located near the design district, Wynwood, and Magic City, with surrounding new construction homes. Architectural plans are available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.19847
    Latitude
    25.831932

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    FAQs

    What type of property is this?
    Quadplex - Shovel-ready multifamily project in Miami, offering income potential.
    Where is this quadplex located?
    The property is located at 145 NW 61St St Miami, FL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Shovel-ready project saves time and permitting costs.; - Priced at $180/sqft, below market value.; - High rental income potential.
    (305) 851-2820
    Request Owner's contact information
    145 NW 61St St Miami, FL 33127
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    Miami, FL 33127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    145 NW 61St St Miami, FL 33127
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