2765 NW 17th TER, Miami, FL 33125
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LivX .

LivX .

+1(973) 221-0545
$1,625,000
Est. payment /mo
0.31 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Paradise Park Amd Pl

MLS Listing ID A11974896

HOA Y/N No

Annual Tax Amount $17,390

Tax Year 2025

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Unimproved Land

Property Description

Fully leased six-unit multifamily opportunity totaling approximately 3,993 SF situated on a 13,275 SF lot with T6-8-O zoning. The property consists of four 1-bedroom units, two 3-bedroom units, plus additional leased parking income, providing stable in-place cash flow. The true upside lies in its redevelopment potential. Zoned T6-8-O, the site offers significant density flexibility with a conceptual redevelopment yield of up to ±42 units (subject to approvals). Eligible for Live Local incentives, this property presents a rare covered-land play with income during the planning phase.Two-story building configuration. Folio: 01-3133-008-0340. Submarket: Paradise Park. Located within the Little Havana multifamily corridor, one of Miami's most consistently occupied rental markets with historically low vacancy.Property Overview:±3,993 SF existing improvementsTwo-story multifamily buildingFour (4) 1-bedroom unitsTwo (2) 3-bedroom unitsAdditional leased parking incomeFully occupied with strong in-place cash flowFolio: 01-3133-008-0340Development Profile:Lot Size: 13,275 SFZoning: T6-8-OPrimary Zone: 6100 – Commercial NeighborhoodLive Local eligible siteConceptual redevelopment potential of up to ±42 units (subject to verification and approvals)

Location

State FL

County Miami-dade

Area 2310

Zoning 6100

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available

Water Access Desc Public

Present Use Multi-Family,Unimproved

Building

Lot Description City Lot

Water Public

Schools

Elementary Schools Kensington Park

Middle Schools Citrus Grove

High Schools Miami Jackson

Others

Tax ID 0131330080340

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11974896

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BeachesMLS, Inc. (FLR) IDX
Listed by Agustin Duarte RE/MAX 360 Real Estate

NEARBY SCHOOL & BUSINESS

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LivX .

LivX .

+1(973) 221-0545

Broker | License ID: 1859462

Broker License ID: 1859462

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2765 NW 17th TER