Active MLS listing · MLS #A11962654

1866 SW 25th Terrace

Miami, FL, 33133

$1,250,000
-Beds
0Baths
1561SqFt
Property type
Duplex
Subdivision
NATOMA PARK
Year 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.

Listing Courtesy of: RE/MAX 360 Real Estate
aduarte@magiccityinvestments.com
BeachesMLS

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