1866 SW 25th Ter, Miami, FL 33133
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1866 SW 25th Ter, Miami, FL 33133
1866 SW 25th Ter, Miami, FL 33133
1866 SW 25th Ter, Miami, FL 33133
1866 SW 25th Ter, Miami, FL 33133
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 1,250,000
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Price Dropped by $350K

1866 SW 25th Ter Miami, FL 33133

1,561 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,561 sqft

Price per Sqft $800

Subdivision Natoma Park

MLS Listing ID A11962654

HOA Y/N No

Year Built 1937

Annual Tax Amount $9,357

Tax Year 2025

Property Sub-Type Duplex

Property Description

Prime redevelopment opportunity located along The Underline. The property consists of an existing income-producing single-family residence currently generating approximately $5,400 per month. The site is approved for redevelopment into two three-story townhomes, offering the potential for a luxury residential project in a highly desirable, transit-oriented location. The property is situated on a 5,200 SF lot and currently features an approximately 2,100 SF single-family home within the Natoma Park subdivision. The site benefits from favorable T5-R zoning, allowing up to 65 units per acre by right, and is located within a Transit-Oriented Development (TOD) boundary, which may allow for increased density and development intensity, subject to municipal approvals. This offering presents a covered land play with existing income while pursuing future redevelopment potential.

Location

State FL

County Miami-dade

Community Natoma Park

Area 41

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Concrete

Total Parking Spaces 2

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-41-15-026-0611

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11962654

Miami Association of Realtors (SEFMIAMI MLS)
Listed by RE/MAX 360 Real Estate

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Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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1866 SW 25th Ter

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