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300-320 NE 60th St

19,791 SF 37% Leased Industrial Building Miami, FL 33137 $16,634,749 CAD ($841 CAD/SF)

EXECUTIVE SUMMARY

Metro 1 Commercial LLC is proud to present 300-320 NE 60 Street, Miami, FL (“The Property”) for sale. The Property features three warehouses recently built in 2017, with a total of 19,791 SF of building in a 25,000 SF lot. Located in the rapidly growing area of Little Haiti, the Property is poised to benefit from projects within a 10 block radius, such as the Magic City Innovation District - Little Haiti (MCID), a $1 Billion project that currently has over 200,000 SF of renovated warehouses with new Tenants like The Cobblers, Minds of Tomorrow, Diana Lowenstein Gallery, Magic 13 Brewing Company, and more. Long term, MCID will get redeveloped into 2,630 residential units, 432 hotel rooms, 2M SF of office space, and 350,000 SF of retail, becoming one of Miami’s largest developments. The Property is located right across from the first residential tower from MCID slated to break ground later this year, and adjacent to a building that will be demolished and become a road connecting NE 3 Avenue from 62 all the way to 59 St, making this the heart of the development of MCID. Additionally, Upper Buena Vista (UBV) just a few blocks south is already bustling with activity from its anchor restaurant, Vista, as well as a slew of shops and boutiques. A few blocks south from UBV, the Design District has been developed into the largest luxury outdoor mall of the city of Miami, with the presence of most luxury brands and some of Miami’s best restaurants.

PROPERTY FACTS

Price $16,634,749 CAD
Price Per SF $841 CAD
Sale Type Investment or Owner User
Sale Condition Sale Leaseback
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.57 AC
Rentable Building Area 19,791 SF
No. Stories 2
Year Built 2017
Parking Ratio 0.4/1,000 SF
Clear Ceiling Height 20’
Opportunity Zone Yes
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3218-016-0110
Land Assessment
$3,191,153 CAD
Improvements Assessment
$2,002,932 CAD
Total Assessment
$5,194,084 CAD

ZONING

Zoning Code 7000 (Industrial)
7000 (Industrial)
  • Listing ID: 32045304

  • Date on Market: 2024-06-06

  • Last Updated:

  • Address: 300-320 NE 60th St, Miami, FL 33137

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