Natoma Park
$1,600,000
1866 SW 25th Ter, Miami, FL 33133
2,183 sqft
Building Size
3
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Deposit Held, Investment Analysis, Copy Of Lease(S), Rent Rolls
- Architectural Style: Attached
- Cooling: Central Air
- Heating: Central
- Flooring: Tile
- Construction Materials: Concrete Block Construction
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.
Location
Gallery
