Property Details
| Asking Price | $2,350,000 |
|---|---|
| Price per SqFt | $377 |
| Maintenance fee | Inquire |
| Property Taxes | $23,151 2025 |
| Interior Space | 6,234 SqFt |
| Beds/Baths | —/— |
| Year Built | 1960 |
| Pool | No |
| MLS # | A12019487 |
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
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
Sales History for This Home · 220 NW 11th Terrace, Miami, FL 33136
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A2004955 | $1,900,000 | 9/18/15 |
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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Location
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