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2765 NW 17th Ter
Miami, FL 33125
$1,625,000
Listing courtesy of Agustin Duarte, RE/MAX 360 Real Estate
About this home
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)
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)
Details
Property
- Lot size
- 13,275 sq ft
- Building name
- PARADISE PARK AMD PL
- Subdivision
- PARADISE PARK AMD PL
- County
- Miami-Dade County
- Flood zone
- AE
Community and fees
- Annual taxes
- $17,390
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated August 28, 2026.