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Redevelopment Opportunity Along The Underline
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1866 SW 25th Ter, Miami, FL 33133

Redevelopment opportunity with income-producing residence in a transit-oriented location.

Property Size2,183 SF
Lot Size0.12 Acres
Price / SF$572.61
Days on Market1079

Property Features for 1866 SW 25th Ter

General Information

Standard status Active
Size 2,183 SF
Class B
Total Parking Spaces 2
Lot size 0.12 Acres
Property subtype Multifamily
Zoning 4600
Occupancy 100%
Lease Type Gross
Investment Type Redevelopment
Net Operating Income $57,000

Building Details

Year Built 1937
Year Renovated 2010
Buildings 1
Units 2
Tenancy Multi
Listing Agency: RE/MAX 360 Real Estate
Listed By: Agustin Duarte · License #3284824
Source: Crexi
Added: Aug 30, 2023 Changed: Aug 8 Last Checked: Aug 8 at 4:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 360 Real Estate

Investment Insights

Based on property information with market context.

This property presents a prime redevelopment opportunity situated along The Underline. The site is approved for redevelopment into two three-story townhomes, offering the potential for a luxury residential project. It features an existing income-producing single-family residence currently generating approximately $5,400 per month. Located within the Natoma Park subdivision, the property is situated on a 5,200 square foot lot and currently features an approximately 2,100 square foot single-family home. 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.

Key Highlights

  • Prime redevelopment opportunity along The Underline.
  • Approved for redevelopment into two three‑story townhomes.
  • Favorable T5‑R zoning allows up to 65 units per acre by right.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Garden Center Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,325
Businesses Nearby

Demographics for 33133, FL

34,141
Population
17,235
Households
2
Avg Household Size
43
Median Age
62%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
8,129
Density / Sq Mi
$92,734
Median Household Income
$58,233
Median Earnings
$1,945
Median Rent
$906,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Redevelopment opportunity with income-producing residence in a transit-oriented location.
Where is this residential land & home lot located?
The property is located at 1866 SW 25th Ter Miami, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime redevelopment opportunity along The Underline.; Approved for redevelopment into two three‑story townhomes.; Favorable T5‑R zoning allows up to 65 units per acre by right.
(305) 602-0360 Call to check price and availability
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