BEDS0
BATHS
SQUARE FEET6,234
MLS#A12019487
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMIAMI NORTH
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 propertys T6-8-O zoning supports future redevelopment at up to 8 stories, providing optionality for long-term investors seeking density in Miamis urban core. The generous lot size of 7,500 square feet on a corner parcel further enhances the redevelopment potential of this site.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Attached
Roof Type: Flat Tile
Stories: 3.0
Taxes: $23,151
Year Built: 1960
Amenities
Stairs
Feature Descriptions
Crops Included Y/N: No
Days on Site: 1
Exterior: Concrete Block Construction
Flooring: Vinyl
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 01-31-37-031-0170
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Listed By / Shown By
Listed By
Agency Name: Compass Florida, LLC
Agency Phone: 305-851-2820
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimate Your Payment
Estimated Payment
$ 7,844.75 per month $5,230.08 Principal & Interest $1,929.25 Property Tax $685.42 Homeowner's Insurance
220 NW 11th Ter | MLS# A12019487
This multi-family property located at 220 NW 11th Ter , Miami, FL 33136 is currently listed for sale with an asking price of $2,350,000. Search Miami real estate on www.realty100.com today.