220 NW 11th Ter, Miami, FL 33136

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220 NW 11th Ter,Miami, FL 33136
$2,350,000
  • - Beds
  • - Baths
  • 6,234 sq. ft.
  • Multi-family
  • Active
Listed by: arthur porosoff
Office: compass florida, llc.305-851-2820
MLS#:A12019487
Source:SEFMLS

Price summary

  • Price:$2,350,000
  • Price per sq. ft.:$376.97

About this home

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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Home facts

  • Year built:1960
  • Listing ID #:A12019487
  • Updated:May 15, 2026 at 05:03 AM

Rooms and interior

  • Flooring:Vinyl
  • Living area:6,234 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Flat, Tile
  • Year built:1960
  • Building area:6,234 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:3 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,350,000
  • Price per sq. ft.:$376.97
  • Tax amount:$23,151 (2025)

Parking

  • Total parking spaces:4
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