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220 NW 11th Terrace, Miami, FL 33136

$2,350,000
Property Type: Residential Income Square Footage: 6,234 Status: Active
Current Price: $2,350,000 List Date: 5/14/2026 Last Modified: 7/13/2026

Overview

Description

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.

Listing Details MLS# A12019487

General Property Information

Property Sub Type
Quadruplex
Building Area Main
6234
Living Area Main
6234
Adjusted Area Main
6234
Year Built
1960
Parking Total
4
Lot Size Dimensions
8769
Stories Total
3
Pool Private YN
No

Property Features

Documents Available: Copy Of Lease(s); Financial Statement; Investment Analysis; Rent Rolls Flooring: Vinyl Property Condition: Resale Structure Type: Multi Family Construction Materials: Block Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Close Of Escrow; Negotiable Roof: Flat; Tile Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
2350000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
220
Street Direction Prefix
NW
Street Name
11th
Street Suffix
Terrace
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33136
Postal Code +4
2756
Postal Zip
33136
Subdivision Name
MIAMI NORTH
Area
2310
Elementary School
Frederick Douglass
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Special Assessment YN
No
Parcel Number
0131370310170
Subdivision Number
31
Zoning
6100
Flood Zone
X

Financial Information

Tax Annual Amount
23151
Tax Year
2025
Tax Legal Description
32 53 42 MIAMI NORTH SUB PB B-41 LOT 2 BLK 6 LOT SIZE 50.000 X 150 OR 17056-4759 1295 5

Status Change Information

Major Change Timestamp
2026-05-14T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-05-14

More Information

Section Details

Parcel Number MLX
0170

Originating Details

Originating System Key
475951622
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Vinyl
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes
Financial Statement
Yes
Investment Analysis
Yes
Rent Rolls
Yes

Structure Type

Multi Family
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Separate Meters
Yes

Construction Materials

Block
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Flat
Yes
Tile
Yes

Cooling

Central Air
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Call Listing Agent
Yes

Tax Information

City/County
Yes
IDX
Listing Office: Compass Florida, LLC
Last Updated: July - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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