Exceptional income-producing 6-unit multifamily gem in the heart of Miami! This well-maintained building offers (4) spacious 2BR / 1BA and (2) 1BR / 1BA units, all submetered for water and electric, producing nearly $12K / mo. In rental income with the flexi

1245 NORTH WEST 60TH ST, Miami

$1,200,000 USD
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Address1245 NORTH WEST 60TH ST, Miami
Building NameORCHARD VILLA EXTENSION
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,200,000
Property StatusActive
MLS NumberA11868334
Living Area3752
Year Built1958
Parking Space Number5
Folio Number01-31-14-043-0610
Gross Rent Income$142,800
Zoning Information3901
Days on Market26

Detailed Description: Exceptional income-producing 6-unit multifamily gem in the heart of Miami! This well-maintained building offers (4) spacious 2BR / 1BA and (2) 1BR / 1BA units, all submetered for water and electric, producing nearly $12K / mo. In rental income with the flexibility of short-term rentals. Upgrades include a brand-new roof, high-impact windows / doors, and completed 40-year recertification for worry-free ownership. Surrounded by transformative projects like Liberty Square and Magic City, this area is primed for explosive growth. Just minutes from Miami Beach, Midtown, Wynwood and the Design District, this turnkey property blends immediate cash flow with incredible long-term upside — a rare opportunity in one of Miami’s most dynamic districts!

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33142
Address1245 NORTH WEST 60TH ST
Section14
Zip Code (4 Digits)8221
Financial Information
Price$1,200,000
Price per Foot$0
Folio Number01-31-14-043-0610
Gross Rent Income$142,800
Tax Amount$10,239
Tax Year2025
Full Descriptions
Detailed DescriptionExceptional income-producing 6-unit multifamily gem in the heart of Miami! This well-maintained building offers (4) spacious 2BR / 1BA and (2) 1BR / 1BA units, all submetered for water and electric, producing nearly $12K / mo. In rental income with the flexibility of short-term rentals. Upgrades include a brand-new roof, high-impact windows / doors, and completed 40-year recertification for worry-free ownership. Surrounded by transformative projects like Liberty Square and Magic City, this area is primed for explosive growth. Just minutes from Miami Beach, Midtown, Wynwood and the Design District, this turnkey property blends immediate cash flow with incredible long-term upside — a rare opportunity in one of Miami’s most dynamic districts!
How to ReachProperty is located on the North side of 60th Street, between NW 12th Avenue and NW 13th Avenue. When traveling on NW 12th Ave, head west on NW 60 ST. The property is on the right.
Roof DescriptionFlat Roof With Facade Front
Floor DescriptionCeramic Floor
Cooling DescriptionWall / Window Unit (s)
Heating DescriptionWindow / Wall
Sewer DescriptionPublic Sewer
Property parameters
Living Area3752
Zoning Information3901
Year Built1958
Type of PropertyQuadruplex
StyleQuadruplex
Building NameORCHARD VILLA EXTENSION
Development NameORCHARD VILLA EXTENSION
Construction TypeCBS Construction
Stories Number2.000
Street DirectionNorth West
Parking Space Number5
Listed withR House Real Estate