5
  • Type
  • Quadruplex
  • 4577 Sq Ft
  • Area Size
2765 NW 17th Ter, Miami FL 33125 | Miami-Dade County | A11981015
  • $1,625,000

Description

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 Overview

This two-story, six-unit multifamily property is located at 2765 NW 17th Ter in Miami’s Paradise Park neighborhood. The building features four 1-bedroom units and two 3-bedroom units, all currently occupied, along with additional income from leased parking. Built in 1945, the structure sits on a 13,275-square-foot lot with a total existing living area of approximately 3,993 square feet. Zoned T6-8-O, the property presents a unique redevelopment opportunity, with conceptual potential for up to 42 units, subject to approvals. It is also eligible for Live Local incentives, making it a strategic opportunity for investors seeking a covered-land play with existing income. The property is fully leased and generating stable cash flow in a well-established rental corridor. Situated in the Little Havana multifamily submarket, the property benefits from one of Miami’s most consistently occupied rental markets with historically low vacancy rates. This is a rare opportunity to own a multifamily asset with both current income and upside potential in a desirable and stable location.

Frequently Asked Questions

How many units are included in the property?

The property includes six units: four 1-bedroom units and two 3-bedroom units, along with additional leased parking income.

What is the zoning for this property?

The property is zoned T6-8-O, which allows for significant redevelopment potential and density flexibility.

Is the property currently generating income?

Yes, the property is fully leased and currently generating stable in-place cash flow.

What is the total square footage of the existing improvements?

The existing improvements total approximately 3,993 square feet on a 13,275 square foot lot.

Where is this property located?

The property is located at 2765 NW 17th Ter, Miami, FL 33125, within the Paradise Park submarket.

What is the current price of the property?

The asking price for the property is $1,625,000.
  • Address: 17th Ter
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33125
  • Area: PARADISE PARK AMD PL

Details

Updated on June 27, 2026 at 1:55 pm
  • Property ID A11981015
  • Price $1,625,000
  • Property Size 4577 Sq Ft
  • Year Built 1945
  • Type Quadruplex
  • Property Status Active, Residential Income

Additional details

  • Flooring Concrete
  • Cooling Central Air
  • Association Type None
  • Building PARADISE PARK AMD PL
  • Area Paradise Park Amd Pl
  • Annual Tax 16694
  • Association No
  • Private Pool No
  • Listing Terms All Cash
  • Waterfront No
  • Subdivision PARADISE PARK AMD PL
  • Total Stories 2
  • Heating Central
  • Structure Type Quadruplex, Fourplex
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 4577
  • Year Built Details Effective Year Built
  • Flood Zone AE
  • New Construction No
  • Style Fourplex
  • Lot Size (Sq Ft) 0

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Christopher Lazaro

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