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2765 NW 17th Ter, Miami, FL, 33125

--beds
--baths
4,577sqft
$1,625,000
$355price/sqft
$10,277/moest. monthly cost
$411,080/yrincome needed

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 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)

Getting Around

77
WalkingVery Walkable
44
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1945

Materials

  • Roof: Concrete
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Quadruplex

Interior

Features

  • Flooring: Concrete

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,577
  • Total interior livable area: 4,577 sqft

Property

Details

  • Parcel number: 0131330080340
  • Zoning: 6100

Features

  • Stories: 2

Lot

  • Features: 1/4 To Less Than 1/2 Acre Lot

Parking

  • Total spaces: 10