2765 NW 17th Terrace, Miami, FL 33125

Property 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 improvementsTwo-story multifamily buildingFour (4) 1-bedroom unitsTwo (2) 3-bedroom unitsAdditional leased parking incomeFully occupied with strong in-place cash flowFolio: 01-3133-008-0340Development Profile:Lot Size: 13,275 SFZoning: T6-8-OPrimary Zone: 6100 – Commercial NeighborhoodLive Local eligible siteConceptual redevelopment potential of up to ±42 units (subject to verification and approvals)

Listing Status:

Active

Date Added:

March 3, 2026

Data Last Updated:

September 28, 2026 at 6:21PM

Listing Office:

RE/MAX 360 Real Estate : 305-602-0360

Listing Agent:

Agustin Duarte : 305-450-5992

MLS ID:

A11974896

Location

• Originating MLS: BEACH_MIAMI
• County: Miami-Dade

Lot

• Zoning: 6100AMD PL PARADISE PARK PB 15-55 LOT 47 LOT SIZE 13275 SQUARE FEET OR 16028-1376 0893 10131330080340
• Current Use: Multi-FamilyUnimproved

Utilities

• Utilities: Cable AvailableElectricity AvailablePhone AvailableSewer AvailableTrash CollectionWater Available
• Water: Public

Financial

• Source: BEACH_MIAMI