$2,350,000

220 NW 11th Terrace, Miami, FL 33136

6,234 sqft

Multi-Family Home
Built in 1960
—— sqft lot
—— car garage
$377/sqft
Listed 2 months ago

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.

Listing Status:: Active
Date Added:: May 14, 2026
Data Last Updated:: July 27, 2026 at 2:19AM
Listing Office:: Compass Florida, LLC : 305-851-2820
Listing Agent:: Arthur Porosoff : 305-209-8866
MLS ID:: A12019487

Flooring: Vinyl
A/C: Central Air
Heating: CentralSeparate Meters

Parking: Parking spaces: 4

Roofing: FlatTile
General: Block3

Originating MLS: BEACH_MIAMI
County: Miami-Dade

Zoning: 610032 53 42 MIAMI NORTH SUB PB B-41 LOT 2 BLK 6 LOT SIZE 50.000 X 150 OR 17056-4759 1295 50131370310170

Utilities: Cable Available
Sewer: Public Sewer

Source: BEACH_MIAMI

This listing courtesy of Arthur Porosoff , Compass Florida, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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