220 NW 11th Terrace For Sale
Property Details
| Asking Price | $2,100,000 |
|---|---|
| Price per SqFt | $337 |
| Property Taxes | $23,151 2025 |
| Interior Space | 6,234 SqFt |
| Beds/Baths | —/— |
| Year Built | 1960 |
| Pool | No |
| MLS # | A12019487 |
Location
From the listing
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.
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $23,151 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 220 NW 11th Terrace, Miami, FL 33136
Sales history is unavailable for this property
Listed by Compass Florida, LLC. 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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220 NW 11th Terrace, Miami · MLS A12019487 · $2,100,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.