by RH Advisors

See Home Value
$450,000
House - Off Market

160 NE 60th St

Miami, FL 33137
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1189 Sqft
$2,990
Estimated Monthly
$0
HOA / Fees
5.37%
Cap Rate

About This Property

Great opportunity to purchase this covered land play deal with an exiting single family home in place. Property is collecting below market rent totaling $1,600 per month.This single family sits on a 4450 SQ ft of zoning T5-R.This land play gives you the ability to collect cashflow while waiting to develop. Little Haiti is rapidly changing with the approved multi billion dollar project of Magic City Innovation District that is located right across this property .The property also sits within the NE smart corridor and it is located in an opportunity zone.

Cash Offers only. Sold for the land value. FLOOD ZONE (X)
Unit Size
1,189Ft²
Days on Market
217 days
Land Size
0.10 acres
Price per sqft
$462
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1926
Last updated: 4 months ago (Miami MLS #A11398330)

Price History

Date / Event Date Event Price
Jan 9, 2024 Sold $450,000
Sold
Dec 13, 2023 In contract -
In contract
Dec 6, 2023 Price Decreased $549,000
↓ $21K (3.7%)
Price Decreased
Jun 20, 2023 Listed by Beachfront Realty, Inc $570,000
Listed by Beachfront Realty, Inc
Great opportunity to purchase this covered land play deal with an exiting single family home in place. Property is collecting below market rent totaling $1,600 per month.This single family sits on a 4450 SQ ft of zoning T5-R.This land play gives you the ability to collect cashflow while waiting to develop. Little Haiti is rapidly changing with the approved multi billion dollar project of Magic City Innovation District that is located right across this property .The property also sits…
Jun 7, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,450
  • Lot Size Depth Feet: 890
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,259
  • Gross Building Area: 1,259
  • Building Area: 1,189
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,189
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DIXIE WAYSIDE TR
  • Land Acres: 0.102
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 13 53 41 DIXIE WAYSIDE TR PB 6-2 LOT 11 LOT SIZE 50.000 X 89 OR 20756-2028 10 2002 3 COC 26255-2695 02 2008 6

Ownership

  • Current Owner : 5900 W LITTLE HAITI LLC
  • Previous Owner : SGALLA ANNALISA
  • Owner Before Previous Owner: JAKAB GEORGE
  • Owner Before Previous Owner 2: GRATZ LESLIE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002004

Zoning

  • Zoning: 4600

Geography

  • Assessors Map Reference: 140
  • District: 01
  • Subdivision Tract Number: TR PB
  • Parcel: 01-3113-022-0100
  • Block: PB
  • Lot: 11
  • Meridian: SEC 13 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8308
  • Longitude: -80.1931

    Address

  • Full Address: 160 Ne 60th St
  • Address - House Number: 160
  • Street Direction: NE
  • Address - Street Name: 60th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C064
  • 4-Digit Zip Code: 2019
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 1,124
  • Tax Year: 2023
  • Tax Amount: $4,194
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 546,419
  • High Value: 597,747
  • Low Value: 495,091

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $15,000,000
  • First Open Lien Mortgage Lender: 2KJ A/S
  • First Open Lien Mortgage Recording Date: Mar 13, 2024
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $15,000,000
  • First Open Lien Mortgage Term: 5
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2024

    Market Valuation

  • Market Total Value: $291,719
  • Market Land Value: $222,500
  • Market Improvement Value: $69,219

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,203

    Sales

  • Current Sale Contract Date: Jan 06, 2024
  • Current Sale Recording Date: Jan 09, 2024
  • Current Sale Transaction ID: 11919054686
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 24253
  • Previous Sale Recording Date: May 16, 2017
  • Previous Sale Contract Date: May 12, 2017
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
3 Baths
1,125 ft²
$560/ft²
$630,000 Sep 14, 2023
$630,000 Dec 15, 2023
$1,455/mo
House
3 Beds
2 Baths
1,448 ft²
$392/ft²
$567,000 Aug 21, 2023
$567,000 Oct 19, 2023
$480/mo
Condo
2 Beds
3 Baths
1,125 ft²
$551/ft²
$620,000 Nov 6, 2023
$620,000 Dec 18, 2023
$1,574/mo
Condo
2 Beds
2 Baths
966 ft²
$549/ft²
$530,000 Sep 25, 2023
$530,000 Nov 8, 2023
$106/mo
House
3 Beds
2 Baths
973 ft²
$468/ft²
$455,000 Jun 14, 2023
$455,000 Sep 14, 2023
$281/mo
Condo
2 Beds
2 Baths
1,506 ft²
$398/ft²
$600,000 Jul 10, 2023
$600,000 Oct 6, 2023
$2,047/mo
House
3 Beds
2 Baths
1,248 ft²
$448/ft²
$559,000 Sep 25, 2023
-
$569/mo
House
3 Beds
2 Baths
1,198 ft²
$367/ft²
$440,000 Oct 31, 2023
-
$416/mo
Condo
2 Beds
2 Baths
1,219 ft²
$393/ft²
$479,000 Jul 28, 2023
-
$1,284/mo
Condo
2 Beds
2 Baths
1,336 ft²
$400/ft²
$535,000 Dec 27, 2023
-
$1,911/mo
House
2 Beds
1 Bath
972 ft²
$509/ft²
$495,000 Dec 11, 2023
-
$357/mo
House
3 Beds
2 Baths
1,107 ft²
$587/ft²
$649,900 Dec 19, 2023
-
$758/mo

About Northern Miami


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Frequently Asked Questions

When was property at 160 Northeast 60th Street built and last sold?
The property at 160 Northeast 60th Street was built in 1926 and last sold on Jan 6, 2024 for $450,000.
How much is this home worth?
The estimated value of the home located at 160 Northeast 60th Street is $590,801.
What are some comparable homes to 160 Northeast 60th Street?
Homes that are comparable to 160 Northeast 60th Street include a house property at 6700 Northwest 5th Avenue, 5426 Northwest 3rd Avenue, 780 Northeast 69th Street.

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