$1,625,00093 days on marketActive

2765 NW 17th Terrace, Miami, FL 33125

Miami, FL 33125

Sq Ft

0.31 acres

Lot Size

Listing Snapshot

List Price	$1,625,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	0.31 acres

Property Tax	$17,390/yr
MLS #	1154262361
Status	Active
Days on Market	93

About This Home

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)

General Features

Property Type: Land
Sub-type: UnimprovedLand
Zoning: 6100
Utilities: CableAvailable,ElectricityAvailable,PhoneAvailable,SewerAvailable,TrashCollection,WaterAvailable
Subdivision: PARADISE PARK AMD PL