220 NW 11th TER, Miami, FL 33136
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220 NW 11th TER, Miami, FL 33136
220 NW 11th TER, Miami, FL 33136
220 NW 11th TER, Miami, FL 33136
220 NW 11th TER, Miami, FL 33136
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$ 2,350,000
Est. payment /mo
Active

220 NW 11th TER Miami, FL 33136

6,234 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,234 sqft

Price per Sqft $376

Subdivision Miami North

MLS Listing ID A12019487

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 6234

Year Built 1960

Annual Tax Amount $23,151

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

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.

Location

State FL

County Miami-dade

Area 2310

Zoning 6100

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Central Air

Flooring Vinyl

Fireplace No

Exterior

Utilities Available Cable Available

Roof Type Flat,Tile

Total Parking Spaces 4

Private Pool No

Building

Dwelling Type Multi Family

Story 3

Sewer Public Sewer

Structure Type Block

New Construction No

Construction Status Resale

Schools

Elementary Schools Frederick Douglass

Middle Schools Jose De Diego

High Schools Booker T. Washington

Others

Tax ID 0131370310170

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12019487


BeachesMLS, Inc. (FLR) IDX
Listed by Arthur Porosoff Compass Florida, LLC

NEARBY SCHOOLS & PROPERTIES

Sofia Nina

Sofia Nina

Advisor | License ID: 3524728

+1(754) 277-0580

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220 NW 11th TER