1866 SW 25th Ter, Miami, FL 33133
$1,250,000
- 1,561 sqft
- Built 1937
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.
Property details
- Property type
- Duplex
- Status
- Active
- Year built
- 1937
- Days on market
- 251
- MLS #
- A11962654
Listing courtesy of RE/MAX 360 Real Estate.