Fully leased six-unit multifamily opportunity totaling approximately 3,993 SF situated on a 13,275 SF lot with T6-8-O zoning. The property consists of four 1-bedroom units, two 3-bedroom units, plus additional leased parking income, providing stable in-place cash flow. The true upside lies in its redevelopment potential. Zoned T6-8-O, the site offers significant density flexibility with a conceptual redevelopment yield of up to ±42 units (subject to approvals). Eligible for Live Local incentives, this property presents a rare covered-land play with income during the planning phase. Two-story building configuration. Folio: 01-3133-008-0340. Submarket: Paradise Park. Located within the Little Havana multifamily corridor, one of Miami’s most consistently occupied rental markets with historically low vacancy. Property Overview: ±3,993 SF existing improvements Two-story multifamily building Four (4) 1-bedroom units Two (2) 3-bedroom units Additional leased parking income Fully occupied with strong in-place cash flow Folio: 01-3133-008-0340 Development Profile: Lot Size: 13,275 SF Zoning: T6-8-O Primary Zone: 6100 - Commercial Neighborhood Live Local eligible site Conceptual redevelopment potential of up to ±42 units (subject to verification and approvals)
| MLS # | A11981015 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 168 |
| Listing Provided By | RE/MAX 360 Real Estate | Agustin Duarte |
| SQ Feet | 4,577 |
|---|---|
| Story(s) | 2 |
| Zoning | 6100 |
| Lot Features | Quarter To Half Acre Lot |
|---|
| Tax Annual Amount | 16694 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33125 |
| Area | 31 |
| Community Name | PARADISE PARK AMD PL |
| Listing VS Median (in PARADISE PARK AMD PL) | |
Price: $1,625,000 low | high Med: $1,800 sqft: 4,577 low | high Med: 112,233 $ / sqft: $355 low | high Med: $0 On site: 168 low | high Med: 202 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33125 |
| Area | 31 |
| Community Name | PARADISE PARK AMD PL |
| Listing VS Median (in PARADISE PARK AMD PL) | |
Price: $1,625,000 low | high Med: $1,800 sqft: 4,577 low | high Med: 112,233 $ / sqft: $355 low | high Med: $0 On site: 168 low | high Med: 202 | |
![]() | $1,295,0001968 Nw 25th AvenueMiami, FL 33125 |