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$2,350,000

  • For Sale
  • Active
  • Multi-Family
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a 12-unit multifamily property located in the Overtown neighborhood of Miami, Florida. The property consists of eleven two-bedroom/one-bathroom units and one one-bedroom/one-bathroom unit across approximately 6,234 square feet of rentable area on a 7,500 SF lot zoned T6-8-O, permitting up to 8 stories of development. The property is currently 83.3% occupied with in-place rents averaging $1,600 per month. The property's T6-8-O zoning supports future redevelopment at up to 8 stories, providing optionality for long-term investors seeking density in Miami's urban core. The generous lot size of 7,500 square feet on a corner parcel further enhances the redevelopment potential of this site.

Full Property Details for 220 NW 11th Terrace

General

  • Price: $2,350,000
  • Taxes: $23,151 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A12019487
  • Updated: 5/14/2026
  • Added to Site: 26 day(s) ago

Rental Information

  • Rent Includes: Hot Water, Gardener, Trash Collection

Interior

  • Interior Features: Stairs
  • Flooring: Vinyl

Parking

  • Total Spaces: 4

Location

  • Area: Miami North
  • County: Miami-Dade County
  • Subdivision: MIAMI NORTH
  • Building Name: MIAMI NORTH

Community

  • Community Name: Miami North

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Attached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Flat Tile
  • Stories/Levels: 3
  • Building Size: 6234
  • Square Feet: 6,234
  • Living Area: 6,234 Sq. Ft.
  • Year Built: 1960

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 6100

Financial Considerations

  • Price Per Sq. Ft.: $376.97
  • Tax Amount: $23,151
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Financial Statement, Investment Analysis, Copy Of Lease(S), Rent Rolls
  • Legal Description: 32 53 42 MIAMI NORTH SUB PB B-41 LOT 2 BLK 6 LOT SIZE 50.000 X 150 OR 17056-4759 1295 5
  • Property ID: 01-31-37-031-0170

Listed by Compass Florida, LLC

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Listing agent

— 220 NW 11th Terrace —

  • Compass Florida, LLC

305-209-8866

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 220 NW 11th Terrace

School District:Dade County School District
NameGradesDistance
Frederick R. Douglass Elementary School
314 Northwest 12th Street, Miami, FL 33136
PK-50.2 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-81.5 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 220 NW 11th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/14/2026
Listed
$2,350,000
-35.52%
MLS
4/15/2014
Sold
$3,644,300
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 220 NW 11th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,532
31%
$2,251,029
43%
2024
$23,320
8%
$1,575,000
27%
2023
$21,657
10%
$1,237,500
10%
2022
$19,712
7%
$1,125,000
—
2021
$18,447
30%
$1,125,000
71%
2019
$14,179
—
$658,845
10%
2018
$14,193
-2%
$598,950
-37%
2017
$14,415
5%
$956,250
93%
2016
$13,769
10%
$495,000
-12%
2015
$12,507
123%
$562,500
127%
2014
$5,613
76%
$247,500
200%
2013
$3,185
—
$82,492
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Compass Florida, LLC

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220 NW 11th Ter, Miami, FL 33136 (MLS# A12019487) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 220 NW 11th Ter is currently listed for $2,350,000 and was received on May 14, 2026. Want to learn more about 220 NW 11th Ter? Do you have questions about finding other Multi-Family real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

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