1866 SW 25th Ter, Miami FL 33133

  • MLS#:
    A11962654
  • 1,561
    sqft
  • $801
    / sqft
  • Built in
    1937
  • 156
    Days On Market
For Sale
$1,250,000
Details
  • MLS Number:A11962654
  • Virtual Tour:YES
  • List Price:$1,250,000
  • Living Area:1,561 Ft² / 145 M²
  • Price Per Foot/Meter:$801 / $8,619
  • Bedrooms:
  • Taxes:$9,357
  • Year Built:1937
  • Days On Market:156
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.
Features
  • Floor:Tile
Location
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