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60 NE 76TH ST
MIAMI, FL 33138-4345
Asking Price
$1.30M
Asset Type
Residential Land
Class
Class B
What's Special
Ready-to-Build Multifamily Site in Little River <ol><li><strong>6,460 SF lot</strong></li><li><strong>Approximately 12,700 SF buildable</strong></li><li><strong>Approved Plans for an 18-unit, three-story multifamily development</strong></li><li><strong>Site demolished and construction-ready</strong></li><li><strong>4 on-site parking spaces</strong></li><li><strong>Modern architectural design with balconies</strong></li><li><strong>Minutes from Miami's major employment, retail, and entertainment districts</strong></li></ol><p></p>
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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712
