1866 Southwest 25th Terrace

Home » All Multifamily Properties » Florida & Gulf Coast » 1866 Southwest 25th Terrace

Address: 1866 SW 25th Ter, Miami, FL 33133, USA

Florida & Gulf Coast + Land/Development

Created date: November 21, 2024

Date last updated: December 2, 2024

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 bth double garage
Underline Phase 2
Natoma subdivision

Property Description

The opportunity consists of redevelopment of the existing $5400.00 monthly and redeveloping two luxury townhomes The lots benefit from favorable T5-R zoning, which allows for development density of 65 units per acre "by right." The property sists in the TOD (transit orient development boundary) allowing for even greater density and intensity The property is currently a single-family home in the "Natoma Park" subdivision. The median listing home price in Natoma Park was $1.5M in December 2022, trending up 22% year-over-year. The median listing home price per square foot was $613. The existing property is 2,100 ft on a 5,200 ft lot. The property abuts the underline directly to the South. In our analysis, the highest and best use is as a redevelopment for either two upscale twin homes or four-row house townhomes. The underline will experience new development and revitalization. Being sold with approved plans.

Available

Request Information

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Land/Development
Price:	$1,400,000
No. of Units:	65
Year Built:	2025
Lot Size:	0.12 Sq ft
Opportunity Zone:	No
Price per unit:	$21,538
Property Website	Click Here