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Multifamily-Ready Vacant Lot
For Sale
$379,000

161 Ne 60th St, Miami, FL 33127

Vacant lot zoned for multifamily development up to 9 units, with city water and sewer lines in place.

Property SizeContact for details
Days on Market91

Property Features for 161 Ne 60th St

General Information

Standard status Active
Property subtype Land

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $3,748
Listing Agency: Taylor Realty Group LLC
Listed By: Daniel Evaristo Ocon
Source: Exprealty
Added: May 15 Changed: Aug 8 Last Checked: Jul 27 at 5:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taylor Realty Group LLC

Investment Insights

Based on property information with market context.

This vacant lot is zoned for a multifamily building of up to 9 units. City water and sewer lines are already in place from a prior structure, which may streamline early site planning for an approved multifamily concept.

The property is positioned next to the new Magic City innovation project, scheduled to begin development soon. Nearby, you’ll find schools and local parks including Lemon City Park, Morningside Park, and Legion Park, with easy access to shops, dining, and Biscayne Blvd.

For buyers looking for a site with clear multifamily zoning parameters and existing utility service in place, this lot offers a straightforward foundation to move through the development process.

Key Highlights

  • Vacant lot zoned for multifamily development up to 9 units
  • City water and sewer lines are already in place from a prior structure
  • Adjacent to the new Magic city innovation project scheduled to start development soon

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Butcher Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,205
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot zoned for multifamily development up to 9 units, with city water and sewer lines in place.
Where is this residential land & home lot located?
The property is located at 161 Ne 60th St Miami, FL.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Vacant lot zoned for multifamily development up to 9 units; City water and sewer lines are already in place from a prior structure; Adjacent to the new Magic city innovation project scheduled to start development soon
More about this property
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