1866 Southwest 25th Terrace
- Delivered with approved plans
- Seller Financing Available
- Covered land play
- Current GI $67,200.00
- “Seller to pay buyers rep commission”
- Plans for (2) twin homes.
- (2) 4 bed, 3.5 bath, double garage
- Natoma subdivision
Property Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,250,000 |
| No. of Units: | 65 |
| Year Built: | 2025 |
| Lot Size: | 0.00 Acres |
| Opportunity Zone: | No |
| Price per unit: | $19,231 |
| Property Website | Click Here |
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