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2765 NW 17th Ter, Miami, FL 33125

$1,625,000 Beds Baths4,577 Sq. Ft.$355 / sq. ft.

Miami, FL 33125 · PARADISE PARK AMD PL

Status
Active
Type
Quadruplex
Year Built
1945
Days on Market
163
MLS #
A11981015

About This Home

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 improvements Two-story multifamily building Four (4) 1-bedroom units Two (2) 3-bedroom units Additional leased parking income Fully occupied with strong in-place cash flow Folio: 01-3133-008-0340 Development Profile: Lot Size: 13,275 SF Zoning: T6-8-O Primary Zone: 6100 – Commercial Neighborhood Live Local eligible site Conceptual redevelopment potential of up to ±42 units (subject to verification and approvals)

Property Details

Flooring
Concrete
Heating
Central
Cooling
Central Air
Architectural Style
Other

Building & Association

Building Name
PARADISE PARK AMD PL
Stories
2
Stories Total
2
Association
No

Lot & Construction

Lot Features
1/4 To Less Than 1/2 Acre Lot
Lot Size Square Feet
0
Waterfront
No
View
No
Construction Materials
Concrete Block Construction
Roof
Concrete
New Construction
No

Public Records

Parcel Number
01-31-33-008-0340
Tax Annual Amount
$16,694
Tax Year
2,025
Zoning
6100
County Or Parish
Miami-Dade County

Location

Courtesy of RE/MAX 360 Real Estate

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