220 NW 11th Terrace, Miami, FL 33136

$2,100,000
6,234
SqFt

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List Price
$2,100,000
Price Change
▼ $250,000 1792632581
Days on Market
178
MLS#
A12019487
Sq. Ft
6,234
Subtype
Quadruplex
County
Miami-Dade
Subdivision
Miami North
Year Built
1960

Property Description

a 12-unit multifamily property located in the Overtown neighborhood of Miami, Florida. The property consists of eleven two-bedroom/one-bathroom units and one one-bedroom/one-bathroom unit across approximately 6,234 square feet of rentable area on a 7,500 SF lot zoned T6-8-O, permitting up to 8 stories of development.The property is currently 83.3% occupied with in-place rents averaging $1,600 per month. The property's T6-8-O zoning supports future redevelopment at up to 8 stories, providing optionality for long-term investors seeking density in Miami's urban core. The generous lot size of 7,500 square feet on a corner parcel further enhances the redevelopment potential of this site.

Additional Information

Construction
Block
Cooling
Central Air
Flooring
Vinyl
Heating
Central, Separate Meters
Roof
Flat, Tile
Taxes
$23,151
Utilities
Cable Available
Stories
3
Price Per Sqft
$336
Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington

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Listing courtesy of Compass Florida, LLC. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Arthur Porosoff | Email: art@porosoff.com