2765 Nw 17th Terrace, Miami, FL

$1,625,000

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0.31

Acres

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

Listing Details

Listing Map

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