About This Home

This 9-bedroom, 0-bathroom multi-family at 27 NE 60th Ter in Miami, FL is listed for $1,400,000 ($499 per sqft). Built in 1929, the home offers 2,804 sqft of living space on a N/A lot.

Key Features

  • Built in 1929
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
4 full
8 spaces
1929

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$7,487/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,067
Insurance$408

Estimates only. Actual payments may vary.

Location

27 NE 60th Ter

Miami, FL 33137

ROCKMOOR PLACE

Property Details

Flooring

Tile

Construction

Block

Cooling

Ceiling Fan(s)Window Unit(s)Wall/Window Unit(s)

Questions & Answers

This 9-bedroom, 0-bathroom multi-family at 27 NE 60th Ter is listed at $1,400,000 ($499/sqft). The estimated monthly payment is $7,487 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1929, 2 stories, 8 parking spaces.

This property is listed by Niky Nammur and can be reached at 7862019728.

NN

Niky Nammur

License 3493037

Agent at Canvas Real Estate

(786) 201-9728

Listed by Canvas Real Estate · Broker phone: (954) 880-2550 · View on Broker Site

MLS# A12079952· Source: Miami REALTORS®· 22 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

27 NE 60th Ter, Miami, FL 33137

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