310 60Th St Miami, FL 33137
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.