1866 Sw 25th Ter, Miami, FL 33133
- $1,250,000
- 1,561
- SqFt
- List Price
- $1,250,000
- Price Change
- ▼ $350,000 1776122454
- MLS#
- A11962654
- Sq. Ft
- 1,561
- Subtype
- Duplex
- County
- Miami-Dade
- Community
- Natoma Park
- Subdivision
- Natoma Park
- Year Built
- 1937
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.
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 3
- Construction
- Concrete Block Construction
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Concrete
- Taxes
- $9,357
- Total Floors
- 1
- Stories
- 1
- Roofing
- Concrete
- Price Per Sqft
- $800
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Listing Courtesy Of RE/MAX 360 Real Estate, Contact: