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)
For sale
$1,625,000
2765 NW 17th Ter, Miami, FL 33125
--beds
--baths
4,577sqft
Quadruplex
Built in 1945
-- sqft lot
$-- Zestimate®
$355/sqft
$-- HOA
What's special
Two-story building configuration
- 191 days
- 109
- 12
Zillow last checked:
Listing updated:
Listed by:
Agustin Duarte aduarte@magiccityinvestments.com,
RE/MAX 360 Real Estate
Source: MIAMI,MLS#: A11981015
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Concrete
Interior area
- Total structure area: 4,577
- Total interior livable area: 4,577 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
Features
- Stories: 2
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 0131330080340
- Zoning: 6100
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Concrete
Condition
- Year built: 1945
Utilities & green energy
- Sewer: Other
Community & HOA
Community
- Subdivision: Paradise Park Amd Pl
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $355/sqft
- Tax assessed value: $1,230,061
- Annual tax amount: $16,694
- Date on market: 3/16/2026
- Listing terms: All Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Listed for sale | $1,625,000-12.2%$355/sqft |
Source: | ||
| 8/8/2025 | Listing removed | $1,850,000$404/sqft |
Source: | ||
| 7/31/2025 | Listed for sale | $1,850,000$404/sqft |
Source: | ||
| 7/23/2025 | Listing removed | $1,850,000$404/sqft |
Source: | ||
| 7/17/2025 | Price change | $1,850,000+19.4%$404/sqft |
Source: | ||
| 7/11/2025 | Listed for sale | $1,550,000+969%$339/sqft |
Source: | ||
| 8/23/1993 | Sold | $145,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,390 +5% | $691,230 +10% |
| 2024 | $16,561 +12.5% | $628,391 +10% |
| 2023 | $14,724 +12.3% | $571,265 +10% |
| 2022 | $13,106 +6.9% | $519,332 +10% |
| 2021 | $12,264 +28.5% | $472,120 +10% |
| 2020 | $9,542 +6.7% | $429,200 +10% |
| 2019 | $8,947 +8.4% | $390,182 +10% |
| 2018 | $8,251 | $354,711 +10% |
| 2017 | $8,251 +4.3% | $322,465 +10% |
| 2016 | $7,910 +33.5% | $293,150 +10% |
| 2015 | $5,926 -33.2% | $266,500 -31.9% |
| 2014 | $8,875 -3.4% | $391,333 -6.4% |
| 2013 | $9,189 | $417,883 +5.8% |
| 2012 | $9,189 -0.7% | $394,900 +10% |
| 2011 | $9,256 -18.3% | $359,000 -23.3% |
| 2010 | $11,332 -1.1% | $468,098 -6% |
| 2009 | $11,453 -1.5% | $498,112 -5.1% |
| 2007 | $11,624 +29.4% | $524,662 |
| 2006 | $8,985 | -- |
| 2005 | $8,985 +53.5% | -- |
| 2004 | $5,853 +19.9% | -- |
| 2003 | $4,881 +5.6% | -- |
| 2002 | $4,621 | -- |
Find assessor info on the county website
Monthly payment
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