220 NW 11th Ter, Miami FL 33136
Miami, FL, 33136
$2,350,000
Property facts
- Status
- Active
- Price
- $2,350,000
- Living area
- 6,234 sqft
- Year built
- 1960
- Type
- Quadruplex
- Days on market
- 23
- On market
- May 14, 2026
- MLS #
- A12019487
About this quadruplex
a 12-unit multifamily property located in the Overtown neighborhood of Miami, Florida. The property consists of eleven two-bedroom/one-bathroom units and one one-bedroom/one-bathroom unit across approximately 6,234 square feet of rentable area on a 7,500 SF lot 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 property's 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.
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Listing courtesy of Arthur Porosoff, Compass Florida, LLC, 305-851-2820. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.