Quadruplex

27 NE 60th Ter

27 NE 60th Ter, Miami FL 33137 Get directions

$1,300,000

For Sale

Price cut: $100,000 (−7.1%)

2,804 SqFt

See estimated monthly cost

This listing is courtesy of Canvas Real Estate. Niky Nammur info@canvasre.com

Overview

Rare opportunity to own an income-producing fourplex in one of Miami’s most promising redevelopment corridors. Located just blocks from the revived Magic City Innovation District – Little Haiti, this property offers investors existing rental income today with significant long-term upside as the surrounding area continues to transform. The nearby approximately $3 billion master-planned development is expected to bring thousands of new residential units, technology and AI-focused commercial space, retail, restaurants, hotels, public spaces and future transit connectivity to the area. Positioned near the Design District, Midtown, Wynwood, Biscayne Boulevard and Little River, 27 NE 60th Terrace sits directly in the path of Miami’s continued northward growth. This is more than a fourplex — it is an opportunity to own scarce multifamily real estate near one of Miami’s largest planned redevelopment projects. SELLER IS OFFERING A $50,000 CREDIT TO BUYER AT CLOSING IF PROPERTY IS PURCHASE AT FULL PRICE!!! Own the income today. Own the location for tomorrow.

Facts & features

Interior

Living area (sq ft): 2,804

Stairs

Building & exterior

Year built: 1929

Taxes

Annual tax: $14,575
Tax year: 2025
Parcel number: 01-31-13-049-0233

Listing

MLS number: A12079952
Property type: Quadruplex
Price per SqFt: $464
Subdivision: ROCKMOOR PLACE
On market since: Aug 29, 2026
Days on market: 37

Price history

Date	Event	Price	Change
Aug 29, 2026	Listed	$1,400,000	—
Oct 5, 2026	Price change	$1,300,000	−$100,000 (−7.1%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$8,763 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $6,574
Property tax: $1,215
Insurance (estimated): $975

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

Toussaint L''ouverture Elementary Public · PK-5 · 0.19 mi
iTech@Thomas A. Edison Education Center Public · 9-12 · 0.26 mi
MDCPS Police Center Public · 0 · 0.30 mi
Miami Edison Senior High Public · 9-12 · 0.56 mi
KIDCO IV Private · PK · 0.61 mi
Edison Park K-8 Center Public · PK-8 · 0.63 mi
Morningside K-8 Center Public · PK-8 · 0.68 mi
Sheyes of Miami Daycare I Private · KG-06 · 0.70 mi
The Cushman School Private · PK-12 · 0.71 mi
Shadowlawn Elementary Public · PK-5 · 0.76 mi
B.Wright Leadership Academy Private · KG-12 · 0.80 mi
St Marys Cathedral School Private · KG-08 · 0.81 mi
Academy of Excellence Private · KG-12 · 0.87 mi
Merry Poppins Daycare Kindergarten Inc Private · PK-KG · 0.87 mi
RJW The Academy of Arts Sciences Private · 01-12 · 0.88 mi

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