5975 SW 60th St, South Miami FL 33143 | Miami-Dade County | A11967214

5975 SW 60th St, South Miami FL 33143

Active Residential Active

$949,900

10 More

Type
Single Family Residence

3
Bedrooms

2
Bathrooms

0
Garage

1296 Sq Ft
Area Size

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Active Residential Active

5975 SW 60th St, South Miami FL 33143 | Miami-Dade County | A11967214

5975 SW 60th St, South Miami FL 33143

$949,900

Description

**REDUCED** 11,975 SF square lot ideally suited for redevelopment or the construction of a custom dream home in a prime South Miami location. The property currently features a single-family residence rented month-to-month at $3,050/month, providing immediate income with flexibility for future plans. Seller may entertain owner financing and flexible closing timelines, allowing buyers to align acquisition with design, zoning review, permitting, or capital deployment. Located within walking distance to the University of Miami, and just minutes from US-1, major highways, Downtown South Miami’s restaurant and retail district, Coral Gables, and Coconut Grove. A rare opportunity to acquire a large, well-located lot with income, flexibility, and long-term upside in a high-demand submarket.

Property Overview

This property at 5975 SW 60th St in South Miami is a single-family home with 3 bedrooms and 2 full bathrooms, sitting on an 11,975 square foot lot. Built in 1950, the current residence has a total living area of 1,296 square feet and is currently rented month-to-month for $3,050 per month. The home is in good condition and offers immediate income, making it a practical option for investors or those considering future redevelopment. The location is a key advantage, with the property just steps from the University of Miami and within easy reach of US-1, major highways, Downtown South Miami, Coral Gables, and Coconut Grove. The large lot size and zoning flexibility make it an attractive option for buyers interested in custom construction or repositioning. Priced at $949,900, this is a rare opportunity to acquire a well-located property with income potential and long-term value in a high-demand area. For more details, call 305-859-4733.

Frequently Asked Questions

What is the current use of the property at 5975 SW 60th St?

The property currently features a single-family residence that is rented month-to-month at $3,050/month.

What are the dimensions of the lot?

The property sits on an 11,975 square foot lot, which is well-suited for redevelopment or the construction of a custom home.

What is the listing price and what does it include?

The property is listed for $949,900. The listing includes the existing single-family home and the large, buildable lot in a prime South Miami location.

Are there any special terms or financing options available?

The seller may entertain owner financing and flexible closing timelines to accommodate the buyer’s needs, such as design, zoning review, permitting, or capital deployment.

How is the property located in relation to major amenities?

The property is within walking distance to the University of Miami and minutes from US-1, major highways, Downtown South Miami’s restaurant and retail district, Coral Gables, and Coconut Grove.