220 NW 11th Ter, Miami, FL 33136
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220 NW 11th Ter, Miami, FL 33136
220 NW 11th Ter, Miami, FL 33136
220 NW 11th Ter, Miami, FL 33136
220 NW 11th Ter, Miami, FL 33136
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Alex Mendel

Alex Mendel

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$ 2,350,000
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220 NW 11th Ter Miami, FL 33136

6,234 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,234 sqft

Price per Sqft $376

Subdivision Miami North

MLS Listing ID A12019487

Style Fourplex

HOA Y/N No

Year Built 1960

Annual Tax Amount $23,151

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

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.

Location

State FL

County Miami-dade

Community Miami North

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Exterior

Pool None

Utilities Available Cable Available

Roof Type Flat,Tile

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 3

Sewer Public Sewer

Architectural Style Fourplex

Structure Type Block

Others

Tax ID 01-31-37-031-0170

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12019487

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Compass Florida, LLC

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Alex Mendel

Alex Mendel

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+1(561) 827-8449

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220 NW 11th Ter

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