280 60Th St Miami, FL 33137
4-bay warehouse, Miami, FL; high potential.
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 280 60Th St
General Information
- Property type
- Manufacturing properties
- Square Feet
- 7,898 SF
- Class
- B
Building Details
- Year Built
- 1973
- Buildings
- 1
- Stories
- 1
- Units
- 4
HighLights
- $3,500,000 asking price for a 7,898 SF industrial warehouse in Miami, FL.
- Multi‑tenant, Class B warehouse with 4 units, offering a 6.7% cap rate.
- Located in Miami‑Dade County, zoned D1 Mixed Use, allowing for redevelopment up to 80,000 buildable SF.
- 18' ceiling height, built in 1973, situated near the Magic City Innovation District and within an Opportunity Zone.
- NNN lease type, with potential for lease‑up or value‑add improvements, including adding upper levels for residential or commercial use.
- $443.15 price per square foot, $215 per square foot land value, and $875,000 per unit.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.190459330169
- Latitude
- 25.831413326389