
$1,250,000
Apartment for Sale, 1866 SW 25th Ter, Miami, Florida 33133
- MLS#A11962654
145 m² (1,561 ft²)
Listed By RE/MAX 360 Real Estate
The Apartment for Sale located at 1866 SW 25th Ter, Miami, Florida 33133 is currently for sale.
Description
Prime redevelopment opportunity located along The Underline. The property consists of an existing income-producing single-family residence currently generating approximately $5,400 per month. The site is approved for redevelopment into two three-story townhomes, offering the potential for a luxury residential project in a highly desirable, transit-oriented location. The property is situated on a 5,200 SF lot and currently features an approximately 2,100 SF single-family home within the Natoma Park subdivision. The site benefits from favorable T5-R zoning, allowing up to 65 units per acre by right, and is located within a Transit-Oriented Development (TOD) boundary, which may allow for increased density and development intensity, subject to municipal approvals. This offering presents a covered land play with existing income while pursuing future redevelopment potential.
Location
1866 SW 25th Ter, Miami, Florida 33133
Property features
Property
- Property size:
145 m² (1,561 ft²) - Type: Duplex
Construction
- Year built: 1937
- Roofing: Concrete
- Construction: Concrete/Block
Interior Features
- Floors: Tile
Heating and Cooling
- Heating System: Central
- Cooling System: Central AC
Utilities
- Other utilities: Public Sewer