220 NW 11th Ter, Miami, FL 33136

About This Home

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.

Property Details

Interior Features

Stairs

Flooring

Vinyl

Heating

Central

Cooling

Central Air

Architectural Style

Attached

Building & Association

Building Name

MIAMI NORTH

Stories

3

Stories Total

3

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Flat Tile

New Construction

No

Public Records

Parcel Number

01-31-37-031-0170

Tax Annual Amount

$23,151

Tax Year

2,025

Zoning

6100

County Or Parish

Miami-Dade County

Location