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 propertys T6-8-O zoning supports future redevelopment at up to 8 stories, providing optionality for long-term investors seeking density in Miamis urban core. The generous lot size of 7,500 square feet on a corner parcel further enhances the redevelopment potential of this site.

220 NW 11th Ter Miami, FL 33136 quadruplex house for sale with MLS A12019487 located in MIAMI NORTH. If you want to buy Quadruplex - 220 NW 11th Ter Miami, FL 33136, call today!