New-Construction Duplex with Private
For Sale
$2,000,000
55-53 NE 60th ST, Miami, FL 33137
Two-unit residential property under construction with three-bedroom layouts and EV-ready parking.
Property Size2,884 SF
Days on Market290
Property Features for 55-53 NE 60th ST
General Information
Standard status
Active
Size
2,884 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Neighborhood
Little River Industrial District
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,491
Building Details
Building Size
2,884 SF
Year Built
2027
Buildings
1
Construction
contemporary
Listing Agency:
The Keyes Company
Listed By:
Manuel Vidal · License #3278608
(786) 942-4866
Source:
Marcelosteinmander
Added: Jan 8
Changed: Oct 13
Last Checked: Oct 25 at 12:06AM
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 The Keyes Company
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Investment Insights
Based on property information with market context.
This duplex is under construction and is planned as a two-unit residential property. Each residence includes an open-concept layout with 3 bedrooms and 2.5 bathrooms, along with private carport parking. The design incorporates contemporary finishes, abundant natural light, and EV charging station readiness. The property is scheduled for completion in 2027.
Located at 55-53 Northeast 60th Street in Miami’s Little River area, the property is positioned near cafes, entertainment, cultural destinations, and multiple Michelin-rated and acclaimed restaurants within five minutes. The surrounding district has also seen new companies, creative spaces, and residential development over the past three years.
Located at 55-53 Northeast 60th Street in Miami’s Little River area, the property is positioned near cafes, entertainment, cultural destinations, and multiple Michelin-rated and acclaimed restaurants within five minutes. The surrounding district has also seen new companies, creative spaces, and residential development over the past three years.
Key Highlights
- Two‑unit duplex under construction with completion scheduled for 2027
- Each unit offers 3 bedrooms and 2.5 bathrooms
- Private carport parking for both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,840
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,156,800
$1.2M
Cap Rate 7%
$826,286
$826.3K
Cap Rate 9%
$642,667
$642.7K
Market Conditions
NOI Build-Up for 2,884 SF
Gross rent
$88.3K $30.60/SF
− Vacancy
−$5.6K −$1.95/SF
EGI
$82.6K $28.65/SF
− OpEx
−$24.8K −$8.60/SF
NOI
$57.8K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,156,800
Cap Rate 7%
$826,286
Cap Rate 9%
$642,667
Alternative Uses
Best Use
Multifamily LT 5
$826.3K
$723.0K – $964.0K
NOI $57,840 @ 7.0% cap · market cap 2.89%
Second Best
Apartment 5plus
$761.1K
$666.0K – $888.0K
NOI $53,277 @ 7.0% cap · market cap 2.66%
Theoretical Best
Specialty Retail
$1.95M
$1.70M – $2.27M
NOI $136,270 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,205
Businesses Nearby
Explore this area
Business Placement
Demographics for 33137, FL
25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property under construction with three-bedroom layouts and EV-ready parking.
Where is this duplex located?
The property is located at 55-53 NE 60th ST Miami, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Two‑unit duplex under construction with completion scheduled for 2027; Each unit offers 3 bedrooms and 2.5 bathrooms; Private carport parking for both residences
