Active
duplex
SALE
1866 Sw 25th Terrace, Miami, Florida 33133
Miami, FL 33133
$1,250,000
1,561 sqft
Property Details
MLS#
A11962654
Type
Duplex
Square Footage
1,561
Year Built
1937
Tax Amount
$9,357
Property Description
Prime redevelopment opportunity located along The Underline. The property consists of an existing income-producing single-family residence currently generating approximately $5,400 per month. The site is approved for redevelopment into two three-story townhomes, offering the potential for a luxury residential project in a highly desirable, transit-oriented location. The property is situated on a 5,200 SF lot and currently features an approximately 2,100 SF single-family home within the Natoma Park subdivision. The site benefits from favorable T5-R zoning, allowing up to 65 units per acre by right, and is located within a Transit-Oriented Development (TOD) boundary, which may allow for increased density and development intensity, subject to municipal approvals. This offering presents a covered land play with existing income while pursuing future redevelopment potential.
Amenities
1 Stories
Built 1937
Cooling: Central Air
Heating: Central
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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office:
RE/MAX 360 Real Estate
Listing Agent:
Agustin Duarte
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