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• MLS® #: A11974896
• 2765 Nw 17th Terrace
• Miami, FL 33125
• $1,625,000
• 0.31 Acres
• Land

Fully leased six-unit multifamily opportunity totaling approximately 3,993 SF situated on a 13,275 SF lot with T6-8-O zoning. The property consists of four 1-bedroom units, two 3-bedroom units, plus additional leased parking income, providing stable in-place cash flow. The true upside lies in its redevelopment potential. Zoned T6-8-O, the site offers significant density flexibility with a conceptual redevelopment yield of up to ±42 units (subject to approvals). Eligible for Live Local incentives, this property presents a rare covered-land play with income during the planning phase.Two-story building configuration. Folio: 01-3133-008-0340. Submarket: Paradise Park. Located within the Little Havana multifamily corridor, one of Miami’s most consistently occupied rental markets with historically low vacancy.Property Overview:±3,993 SF existing improvementsTwo-story multifamily buildingFour (4) 1-bedroom unitsTwo (2) 3-bedroom unitsAdditional leased parking incomeFully occupied with strong in-place cash flowFolio: 01-3133-008-0340Development Profile:Lot Size: 13,275 SFZoning: T6-8-OPrimary Zone: 6100 – Commercial NeighborhoodLive Local eligible siteConceptual redevelopment potential of up to ±42 units (subject to verification and approvals)

Facts About Miami, FL

Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.