305-609-4190
601 NW 11th St, Miami FL 33136
Active Income/MultiFamily

601 NW 11th St, Miami FL 33136

Miami, FL, 33136

$5,200,000

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Beds
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Baths
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Sq Ft
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Year Built
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Lot Sq Ft
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Garage

Photo Gallery (18 photos)

About This Property

PRICE REDUCED - MOTIVATED SELLER. UNIQUE EXCLUSIVITY OF SALE OF TWO LOTS IN THE HEART OF MIAMI NEAR THE METRO RAIL STATION AND I-95. THIS LOT MUST BE SOLD TOGHETER WITH THE LOT NEXT TO LOT LOCATED AT 611 NW 11 ST (MLS A11985331). THIS LOCATION IS EXCELLENT TO BUILD A BUILDING OF SEVEN (7) LEVELS PLUS 37 LEVELS OF MIXED-USE TOWER WITH 40% RESIDENTIAL USE MUST BE WORKFORCE HOUSING OR ANOTHER TYPE OF INVESTMENT SIMILAR COMPLIANCE WITH ZONING CODES AND STANDARS REQUIRED BY THE CITY OF MIAMI. SURVEY AVAILABLE. EXISTING BUILDING 11,923 SF CBS ONE LEVEL.

Property Details

MLS #

A11985308

Status

Active

Property Type

Commercial Land

Sub Type

Income/MultiFamily

Days on Market

161

Pool

No

Waterfront

No

HOA Fee

None

Est. Insurance

$1,733/mo

Tax Year

2025

Tax Amount

$19,632

Garage

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Lot Size

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MLS Area

Miami North

Subdivision

MIAMI NORTH

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$36,400
Est. Monthly Rent
1.2%
Cap Rate
5.9%
Cash-on-Cash
$61,208
Net Operating Income

ROI Projections (4% Annual Appreciation)

138%
5-Year ROI
Value: $6,326,595
299%
10-Year ROI
Value: $7,697,270
489%
15-Year ROI
Value: $9,364,906

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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