$2,350,000
 $12,615 est/mo Sourced by Back At You

220 NW 11th Terrace,Miami, FL 33136

Miami, FL 33136

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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.

Details

MLS #A12019487
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site134
Listing Provided ByCompass Florida, LLC | Arthur Porosoff

Features

SQ Feet6,234
Story(s)3
Zoning6100
Acreage8769.00

Taxes

Tax Annual Amount23151

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33136
Area2310
Community NameMIAMI NORTH
Listing VS Median (in MIAMI NORTH)
Price:
$2,350,000
low | high
Med:
$554,500
100% of Average
sqft:
6,234
low | high
Med:
405
100% of Average
$ / sqft:
$377
low | high
Med:
$1,408
100% of Average
On site:
134
low | high
Med:
177.5
75.492957746479% of Average
Sourced by Back At You

Market Activity 33136

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33136
Area2310
Community NameMIAMI NORTH
Listing VS Median (in MIAMI NORTH)
Price:
$2,350,000
low | high
Med:
$554,500
100% of Average
sqft:
6,234
low | high
Med:
405
100% of Average
$ / sqft:
$377
low | high
Med:
$1,408
100% of Average
On site:
134
low | high
Med:
177.5
75.492957746479% of Average
Sourced by Back At You
Listing Updated: July 13, 2026 at 12:29:28 PM PDT