Back 1340 Northwest 60th Street
Off Market

1340 Northwest 60th Street

Miami FL 33142

4
1485 sq. ft.
Duplex
Last sold for $495,000
Kenneth GrantKenneth Grant, last sold this property on 23 May 2024 after 61 days on market.

Overview

Perfect property to add to a seasoned or new investor portfolio!!!! 4/2 Duplex in the heart of Allapattah. Each unit has a private entrance. Property is fenced for child safety. Rents are below market value which leaves room for increased income. Tenant in unit #2 has been issued a 60-day notice. Both units are Section 8 Housing Vouchers. DO NOT DISTURBE TENANTS!! Cap Rate is 5.2% with room for growth. Minutes from the Shops of Midtown, Miami Beach and Downtown Miami.

Features

4 carspaces
1485 sq. ft. floor area
Duplex

Estimated Value

Based on this property and similar duplexes sold in Miami over the last 12 months, the estimated median property value of 1340 Northwest 60th Street is $640k.

Median value
$640k
Estimated value range
$315k - $2.33m
Median days on market
40
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Miami. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1340 Northwest 60th Street

2024
Sold
$495,000
23 May 2024 by Kenneth Grant, of Grant and Associates Real Estate INC
2020
Sold
$319,900
16 Oct 2020 by Myroslava Mutsei, of Keller Williams Eagle Realty
2009
Sold
$55,000
22 May 2009 by Jennifer Thomson, of COLDWELL BANKER REALTY

Happy sellers in Miami

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We have insufficient information to provide an overview of customer satisfaction for Miami. Viewing the agent profiles, reviews and sales for Miami can provide insights for this location.

Local market activity for duplexes in Miami

In the last 12 months, 79 duplexes similar to 1340 Northwest 60th Street, have been sold.

This represents a 12% increase in duplexes sales when compared to the previous 12 months.

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