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Property profile

310 60Th St Miami, FL 33137

OFF-MARKET
Warehouses
19,872 SF Built 2017
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Property summary

AI-generated overview

This exceptional 19,872-square-foot Class B warehouse, built in 2017, is ideally situated in Miami's rapidly developing Little Haiti neighborhood. Priced at $11,500,000 ($578.70/sq ft), this owner-user opportunity boasts a 20-foot ceiling height and is zoned D-1. The property benefits significantly from its proximity to the burgeoning Magic City Innovation District (MCID), a billion-dollar project transforming the area with residential, hotel, office, and retail space. Located directly across from MCID's first residential tower and adjacent to a planned road improvement project, this warehouse offers unparalleled access to this exciting development. Furthermore, its close proximity to the vibrant Upper Buena Vista and the Design District provides easy access to established amenities and high-end retail. This sale includes a leaseback option, making it an attractive investment for those seeking immediate income generation while participating in the long-term growth potential of this dynamic location. The property consists of three warehouses totaling 19,872 square feet of net rentable space on a 25,000 square foot lot. This presents a unique opportunity to capitalize on the significant revitalization underway in this prime Miami location.

Property profile

Verified
Property type Warehouses
Year built 2017
Total area 19,872 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

310 60Th St Miami, FL 33137
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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