2765 NW 17th Terrace, Miami, FL 33125

• 4,577 sqft

Property Description

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)

Listing Status:

Active

Date Added:

March 16, 2026

Data Last Updated:

August 6, 2026 at 4:19AM

Listing Office:

RE/MAX 360 Real Estate : 305-602-0360

Listing Agent:

Agustin Duarte : 305-450-5992

MLS ID:

A11981015

Interior

• Flooring: Concrete
• A/C: Central Air
• Heating: CentralSeparate Meters

Exterior

• Parking: Parking spaces: 10

Construction

• Roofing: Concrete
• General: Block2

Location

• Originating MLS: BEACH_MIAMI
• County: Miami-Dade

Lot

• Zoning: 6100AMD PL PARADISE PARK PB 15-55 LOT 47 LOT SIZE 13275 SQUARE FEET OR 16028-1376 0893 10131330080340

Utilities

• Utilities: Cable AvailableSewer Available

Financial

• Source: BEACH_MIAMI