1866 25Th Ter Miami, FL 33133
- Commercial real estate
- 5,506 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1866 25Th Ter
- Year built
- 2025
- Property size
- 5,506 SF
- Property type
- Commercial real estate
- APN
- 0141150260611
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.224936
- Latitude
- 25.7451853