About 2765 Nw 17th Terrace
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)
Features of 2765 Nw 17th Terrace
| MLS® # | A11974896 |
|---|---|
| USD | $1,625,000 |
| CAD | $2,243,621 |
| CNY | 元10,917,400 |
| EUR | €1,399,752 |
| GBP | £1,203,647 |
| RUB | ₽141,538,150 |
| Acres | 0.31 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | 2765 Nw 17th Terrace |
|---|---|
| Area | 2310 |
| Subdivision | PARADISE PARK AMD PL |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33125 |
Amenities
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Trash Removal |
|---|---|
| Is Waterfront | No |
School Information
| Elementary | Kensington Park |
|---|---|
| Middle | Citrus Grove |
| High | Miami Jackson |
