Property Details
| Asking Price | $1,250,000 |
|---|---|
| Price per SqFt | $801 |
| Maintenance fee | Inquire |
| Property Taxes | $9,357 2025 |
| Interior Space | 1,561 SqFt |
| Beds/Baths | —/— |
| Year Built | 1937 |
| Pool | No |
| MLS # | A11962654 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
Prime redevelopment opportunity located along The Underline. The property consists of an existing income-producing single-family residence currently generating approximately $5,400 per month. The site is approved for redevelopment into two three-story townhomes, offering the potential for a luxury residential project in a highly desirable, transit-oriented location. The property is situated on a 5,200 SF lot and currently features an approximately 2,100 SF single-family home within the Natoma Park subdivision. The site benefits from favorable T5-R zoning, allowing up to 65 units per acre by right, and is located within a Transit-Oriented Development (TOD) boundary, which may allow for increased density and development intensity, subject to municipal approvals. This offering presents a covered land play with existing income while pursuing future redevelopment potential.
Listed by RE/MAX 360 Real Estate
Sales History for This Home · 1866 SW 25th Terrace, Miami, FL 33133
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11343592 | $550,000 | 5/2/23 |
Listed by RE/MAX 360 Real Estate. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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