Miami Multifamily Redevelopment
220 NW 11th Ter, Miami, FL 33136
New
Fourplex, Quadruplex - Miami, FL
Type:Quadruplex
Property size:
6,234 SFLot size:
0.17 AcresPrice / SF:
$376/SF- Added:
- May 14, 2026
- Days on Market:
- 2
- Last Refresh:
- May 15 at 12:06 pm
Property Features for 220 NW 11th Ter
General Information
- Property type
- Residential
- Property subtype
- Quadruplex
- Zoning
- 6100
- Parking
- 4
- Standard status
- Active
- APN
- 01-31-37-031-0170
- Size
- 6,234 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 23151
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1960
- Flooring type
- Vinyl
- Building materials
- Block
- Roof type
- Flat, Tile
- Architectural style
- Other
Listing agent Arthur Porosoff License #3160379 (305) 209-8866
Listing office Compass Florida, LLC 1212 Lincoln Rd, Miami, FL (305) 851-2820
Listing date May 14, 2026
MLS# A12019487
Listing URL
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Redevelopment potential with T6‑8‑O zoning allowing up to 8 stories.
- Strong income generation with 83.3% occupancy and average rents of $1,600 per month.
- Prime location in Miami's Overtown neighborhood.
- Generous 7,500 SF corner lot enhances redevelopment possibilities.
- Consists of eleven 2‑bedroom/1‑bathroom units and one 1‑bedroom/1‑bathroom unit.
- Total rentable area of approximately 6,234 square feet.
Overview
This is a 12-unit multifamily property located in the Overtown neighborhood of Miami, Florida. The property includes eleven two-bedroom/one-bathroom units and one one-bedroom/one-bathroom unit. The building offers approximately 6,234 square feet of rentable area on a 7,500 square foot lot. The property is 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 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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.198414
- Latitude
- 25.784871
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 12-unit multifamily property with redevelopment potential in Miami's urban core.
Where is this apartment building located?
The property is located at 220 NW 11th Ter Miami, FL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Redevelopment potential with T6‑8‑O zoning allowing up to 8 stories.; Strong income generation with 83.3% occupancy and average rents of $1,600 per month.; Prime location in Miami's Overtown neighborhood.
