ORCHARD VILLA EXTENSION

1245 NW 60th St, Miami FL 33142

3,752 ft²

Closed

$1,200,000

Est. Payment $6,387/mo

MLS Sheet Video

3,752

Sq. Ft.

1958

Year Built

Stories

Days on Market

Description

Exceptional income-producing 6-unit multifamily gem in the heart of Miami! This well-maintained building offers (4) spacious 2BR/1BA and (2) 1BR/1BA units, all submetered for water & electric, producing nearly $12K/mo. in rental income with the flexibility of short-term rentals. Upgrades include a brand-new roof, high-impact windows/doors, and completed 40-year recertification for worry-free ownership. Surrounded by transformative projects like Liberty Square & Magic City, this area is primed for explosive growth. Just minutes from Miami Beach, Midtown, Wynwood & the Design District, this turnkey property blends immediate cash flow with incredible long-term upside — a rare opportunity in one of Miami’s most dynamic districts!

Facts

MLS#: A11868334
Subdivision: ORCHARD VILLA EXTENSION
Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1958
Lot Size: 0 sqft
Sq. Ft.: 3,752 ft²
Sq. Mt.: 349 m²
Price per sq. ft.: $320/ft²
Price per sq. mt.: $3,438/m²
Stories: 2
Garage: —
Pool: —
Days on Market: 42 days
Listed: Aug 29, 2025
Last Updated: Dec 4, 2025
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

12/4/2025	Sold	$1,200,000
8/29/2025	Listed for sale	$1,200,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1245 NW 60th St, Miami FL 33142Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Parkway Christian School
PK,KG,1,2,3,4,5,6 · private · 0.2 mi
Patty Cake School
PK,KG,1,2,3,4,5,6 · private · 0.3 mi
West Hollywood Elementary School
PK,KG,1,2,3,4,5 · public · 0.4 mi
Mcarthur High School
9,10,11,12 · public · 0.4 mi
Lycee Franco - American International School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.5 mi
St Anthonys School of Higher Education
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
Westlake Preparatory School And Academy
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
Apollo Middle School
6,7,8 · public · 0.6 mi
Hollywood Park Elementary School
PK,KG,1,2,3,4,5 · public · 0.7 mi
Hollywood Christian School
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi

Estimated Monthly Payment

$7,537/mo

Principal & Interest

$6,387

Property Tax

$1,000

Insurance

$150

HOA

Down Payment20% ($240,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

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