Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1866 SW 25th Ter,Miami, FL 33133
$1,600,000
- - Beds
- - Baths
- 1,561 sq. ft.
- Multi-family
- Active
Listed by: agustin duarte, beatriz marrero duarte
Office: re/max 360 real estate
MLS#:A11962654
Source:SEFMLS
Price summary
- Price:$1,600,000
- Price per sq. ft.:$732.94
About this home
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.
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Home facts
- Year built:1937
- Listing ID #:A11962654
- Updated:February 10, 2026 at 06:52 PM
Rooms and interior
- Living area:1,561 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Concrete
- Year built:1937
- Building area:1,561 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,600,000
- Price per sq. ft.:$732.94
- Tax amount:$9,357 (2025)
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