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0 Beds
0 Baths
6,234 sqft

$2,350,000

220 NW 11th Ter, Miami FL, 33136

Price per sqft$376.97
Built in1960
Property size6,234 sqft
Property typeResidential

Overview

Active

Updated 10 days ago

a 12-unit multifamily property located in the Overtown neighborhood of Miami, Florida. The property consists of eleven two-bedroom/one-bathroom units and one one-bedroom/one-bathroom unit across approximately 6,234 square feet of rentable area on a 7,500 SF lot zoned T6-8-O, permitting up to 8 stories of development. The property is currently 83.3% occupied with in-place rents averaging $1,600 per month. The property's T6-8-O zoning supports future redevelopment at up to 8 stories, providing optionality for long-term investors seeking density in Miami's urban core. The generous lot size of 7,500 square feet on a corner parcel further enhances the redevelopment potential of this site.

$15,635/mo

Est. mortgage payment based on a $2,350,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$23,151
Tax Frequency
Annually

Courtesy of Compass Florida, LLC with ,
Listing Contact:  

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