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)
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33125
- Street:
- 2765 Nw 17th Ter, Miami, Florida 33125
- Longitude:
- W81° 45' 32.4''
- Latitude:
- N25° 47' 28.2''
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- LotSize Dimensions:
- 71x197
- Parcel Number:
- 01-31-33-008-0340
- Subdivision Name:
- PARADISE PARK AMD PL
- Tax Annual Amount:
- $17,390
- Tax Year:
- 2025
- Utilities
Land For Sale
2765 Nw 17th Ter, Miami, Florida 33125, Miami, Florida 33125
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $1,625,000
- Lot Area :
- 13,275 Sqft
- MLS # :
- A11974896
