
$1,625,000
Apartment for Sale, 2765 NW 17th Ter, Miami, Florida 33125
- MLS#A11981015
425 m² (4,577 ft²)
Listed By RE/MAX 360 Real Estate
The Apartment for Sale located at 2765 NW 17th Ter, Miami, Florida 33125 is currently for sale.
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 improvements Two-story multifamily building Four (4) 1-bedroom units Two (2) 3-bedroom units Additional leased parking income Fully occupied with strong in-place cash flow Folio: 01-3133-008-0340 Development Profile: Lot Size: 13,275 SF Zoning: T6-8-O Primary Zone: 6100 – Commercial Neighborhood Live Local eligible site Conceptual redevelopment potential of up to ±42 units (subject to verification and approvals)
Location
2765 NW 17th Ter, Miami, Florida 33125
Property features
Property
- Property size:
425 m² (4,577 ft²)
Construction
- Year built: 1945
- Roofing: Concrete
- Construction: Concrete/Block
Interior Features
- Floors: Concrete
Heating and Cooling
- Heating System: Central
- Cooling System: Central AC