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    1866 25Th Ter Miami, FL 33133

    For Sale
    $1,400,000

    Luxury twin homes, prime Miami location.

    Property size:
    5,506 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Exceptional redevelopment opportunity in Miami's desirable Natoma Park neighborhood, directly adjacent to the Underline. This 5,200 sq ft lot currently houses a single-family home, but approved plans exist for the construction of two three-story luxury townhomes, each featuring four bedrooms and 3.5 bathrooms, and a double garage. The property boasts a favorable T5-0 zoning designation, allowing for significant development density. The existing structure offers immediate income potential, generating $57,000 in net operating income (NOI) with 100% occupancy. The project offers a 4.07% cap rate and a price per square foot of $254.27. The land value alone is $230 per square foot. Seller financing is available. The property is zoned for mixed-use and multifamily development, and the location within the Transit-Oriented Development (TOD) boundary presents further opportunities for increased density and intensity. Construction is slated for completion in 2025. The property includes 5,506 total square feet, with 1,581 net rentable square feet. The asking price is $1,400,000, or $700,000 per unit. The property is a fee simple ownership. The address is 1866 SW 25th Ter, Miami, FL 33133. APN: 0141150260611.

    Property Features for 1866 25Th Ter

    General Information

    Property type
    Multifamily properties
    Square Feet
    5,506 SF
    Class
    B

    Building Details

    Year Built/Renovated
    2025/2010
    Stories
    3
    Units
    2

    HighLights

    • Approved plans for two luxury townhomes, each with four bedrooms and 3.5 bathrooms, and a double garage.
    • Seller financing available.
    • 5,200 sq ft lot with approved plans; strong land value.
    • Current NOI of $57,000.
    • Buyer's agent commission paid by seller.
    • Two four‑bedroom, 3.5‑bathroom townhomes planned.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.224936
    Latitude
    25.7451853

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    FAQs

    What type of property is this?
    Multifamily property - Luxury twin homes, prime Miami location.
    Where is this multifamily property located?
    The property is located at 1866 25Th Ter Miami, FL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Approved plans for two luxury townhomes, each with four bedrooms and 3.5 bathrooms, and a double garage.; Seller financing available.; 5,200 sq ft lot with approved plans; strong land value.
    Request Owner's contact information
    1866 25Th Ter Miami, FL 33133
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    Miami, FL 33133
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1866 25Th Ter Miami, FL 33133
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