About 2765 Nw 17th Terrace
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 improvementsTwo-story multifamily buildingFour (4) 1-bedroom unitsTwo (2) 3-bedroom unitsAdditional leased parking incomeFully occupied with strong in-place cash flowFolio: 01-3133-008-0340Development Profile:Lot Size: 13,275 SFZoning: T6-8-OPrimary Zone: 6100 – Commercial NeighborhoodLive Local eligible siteConceptual redevelopment potential of up to ±42 units (subject to verification and approvals)
Features of 2765 Nw 17th Terrace
| MLS® # | A11974896 |
|---|---|
| Price | $1,625,000 |
| Acres | 0.31 |
| Type | Land & Docks |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 2765 Nw 17th Terrace |
|---|---|
| Area | 2310 |
| Subdivision | PARADISE PARK AMD PL |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33125 |
Amenities
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Trash Removal |
|---|---|
| Is Waterfront | No |
School Information
| Elementary | Kensington Park |
|---|---|
| Middle | Citrus Grove |
| High | Miami Jackson |
Additional Information
| Date Listed | March 3rd, 2026 |
|---|---|
| Days on Market | 203 |
| Zoning | 6100 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX 360 Real Estate |
|---|
