220 NW 11th Ter Miami, FL $ 2,350,000
220 NW 11th Ter
$ 2,350,000
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220 NW 11th Ter

Miami, FL, 33136
$ 2,350,000
Baths0.0 Sq 6,234

Monthly Estimate*

$ 14,469

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Studio

Multi-Family Home for sale in Miami, FL

for $2,350,000. This 6,234 square foot home was built in 1960.

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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Multi-Family Active

Price

$ 2,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 23,151

Style

Year Built

1960

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12019487

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Close Of Escrow Negotiable
Roof Flat Tile
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1960
Stories Count 3
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name MIAMI NORTH
Rent Includes Gardener Hot Water Trash Collection
Status Active
City Miami
Zoning Description 6100
MLS Area 31
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 23151
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12019487
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
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
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Interior
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 4
Building Area Total 6234
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Compass Florida, Llc

Broker

305-209-8866

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Affordability Calculator

$16,399
Per Month
88%
12%
0%
Monthly Principal & Interest
$14,469
Monthly Property Taxes
$1,929
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
5/14/2026 $2,350,000 Listed Price

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220 NW 11th Ter, Miami, FL, 33136 is a Multi-Family Home for sale at $2,350,000 with 6,234 sqft. 220 NW 11th Ter is a studio with 0.0 baths and was built in 1960. The property's zip code is 33136 which is in Miami, FL