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)
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Architectural Style
- Roof:
- Concrete
- 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''
- Building Area:
- 4,577 Sqft
- Construction Materials:
- Block
- Flooring:
- Concrete
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash
- Lot Features
- Parcel Number:
- 01-31-33-008-0340
- Subdivision Name:
- PARADISE PARK AMD PL
- Tax Annual Amount:
- $16,694
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
2765 Nw 17th Ter, Miami, Florida 33125, Miami, Florida 33125
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,625,000
- Square Footage :
- 4,577 Sqft
- Year Built :
- 1945
- MLS # :
- A11981015
- Property Sub Type :
- Quadruplex
