Industrial Warehouse next to Miami

For sale


Property ID

7,898 SqFt



Douglas Elliman Real Estate, as exclusive listing agent, is pleased to offer this 4 Bay Miami, FL, D1-Zoned Industrial Warehouse with 18’ ceilings.

For Sale and Lease across from Magic City Innovation District and Opportunity Zone.​

Average $P/SF sales were at $373/SF and this offering is listed at $340/SF.​

This property is functional for an end-user/owner-operator, investor seeking income from a lease-up, a complete redevelopment or a value-add play by adding square footage to the existing improvements.​

See attached Offering Memorandum for comps, options and details.​

Also available for lease: Asking $25/SF NNN.

Magic City Innovation District® – Little Haiti will be a mixed-use master plan designed as a walkable campus that will consist of retail, office, residential, hotel, art, park and other public spaces.​

The Magic City Innovation District, as a part of gentrifying Little Haiti, is located just west of the Brightline/Virgin Trains line & Miami’s Upper East Side, north of the Design District, Midtown and Wynwood.

And within 10 to 15 minutes of Miami International Airport and the Beaches with NE 61/62nd Street as its primary East/West traffic corridor.​


  • ​4 Bay Warehouse Zoned D1 for lease up or redevelopment
  • ​Redevelop and build up to 80,000 buildable SF up to 8 stories
  • ​6% Cap Rate proforma based upon a lease up at $20/SF NNN
  • Perfect for End-User/Owner for entire building
  • ​Value Add Play: Add 2nd or 3rd level to existing industrial improvements for additional income. Up to 10 work/live units possible
  • Lease up for Income
  • Opportunity Zone

For more! click here


Address: 280 NE 60th St, Miami, FL 33137
  • Country: United States
  • Province / State: Florida
  • City / Town: Miami
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  • Property ID 3656
  • Price $3,490,000
  • Property Type Industrial, Warehouse
  • Property status For sale
  • Year Built 1973
  • Size 7,898 SqFt
  • Units 4
  • Cap Rate 5.00%
  • Zoning D1 Mixed Use
  • Price Per Sqft $441.88
  • Class B
  • Lease Type NNN
  • Tenancy Multi
  • Net Rentable (sq ft) 7,898
  • Buildings 1
  • Stories 1
  • Price/Sq Ft (Land Value) $215/SF
  • Broker Co-Op Yes
  • APN 0132180160080
  • Price/Unit $872,500
  • Ceiling Height 18'


Zena Bardawell Farah

Property Agent
+1 305-967-7200
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