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Morningside Villas

$1,975,000

631 Northeast 60th Street, Miami, FL 33137

Active
Last Updated: 07/02/2024

10,250 sqft

Lot Area

1,975,000

Price Per Sqft

Details:
Lot Area:    10,250 sqft
Price Per Sqft:    $1,975,000
Zoning:    T6-08 and T5-R
Description:

ONE Sotheby's is proud to market an exclusive redevelopment opportunity to build up to a 20-unit multifamily in the Morningside corridor off Biscayne Blvd. The property is currently a duplex—1 Single-family 2/1 main house and a 2/1 separate structure on a 10,250 sq ft lot with both T6-08 and T5-R zoning. This would allow for the redevelopment of the property consisting of 20 units with a vertical potential of 3 stories within the overlay.

Whether you're a seasoned developer seeking your next triumph or an investor with an eye for opportunity, this 10,250 sq ft parcel of land offers the perfect canvas and ideal setting for a sleek, modern structure rising amidst the bustling energy of Morningside. With its favorable zoning, it promotes a dynamic urban landscape, where a multifamily oasis is poised for success.

Nestled in the heart of Miami's most coveted neighborhood, the property is just steps away from a wealth of dining, shopping, and entertainment options. Residents can stroll along tree-lined streets to discover local boutiques, trendy cafes, and world-class restaurants, or enjoy easy access to nearby parks, cultural attractions, and a short commute to beaches.

With Miami's status as a global destination and Morningside's reputation as a sought-after neighborhood, this opportunity would make any development project a lifestyle statement, setting a new standard for luxury living in the Magic City.

Map:
Documents:
Title
Moningside_Survey.pdf
Offering Memorandum
MorningsideVillas-OMbyMannyChamizoIII.pdf
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