Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths
4,577 sqft

$1,625,000

2765 NW 17th Terrace, Miami FL, 33125

Price per sqft$355.04
Built in1945
Property size4,577 sqft
Property typeMulti-family

Overview

Active

Listed Mar 16, 2026

Updated 2 weeks ago

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)

$10,811/mo

Est. mortgage payment based on a $1,625,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$16,694
Tax Frequency
Annually

Listed with RE/MAX 360 Real Estate

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2026 Association of Palm Beaches. All rights reserved. 

Data last updated 12:04 PM UTC, 9/23/2026

 

Powered by Luxury Presence