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$1,625,000
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Property Description
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)
Full Property Details
Full Property Details for 2765 NW 17th Terrace
General
- Price: $1,625,000
- Taxes: $17,390 (2025)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A11974896
- Updated: 3/5/2026
- Added to Site: 8 day(s) ago
Location
- Area: Paradise Park Amd Pl
- County: Miami-Dade County
- Subdivision: PARADISE PARK AMD PL
- Building Name: PARADISE PARK AMD PL
Community
- Community Name: Paradise Park Amd Pl
Utilities
- Sewer: Other
- Water: Municipal Water
- Utility Description: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Multi Family (5+Units)
Lot Features
- Lot Size (Acres): 0.305
- Lot Size (Sq. Ft.): 13,275
- Lot Dimensions: 71 x 197
- Frontage Feet: 71
- Lot Features: City Location, Less Than 1 Acre
- Potential Use: Intensive Development, Suburban, Urban Commercial
- Zoning: 6100
Financial Considerations
- Tax Amount: $17,390
- Tax Year: 2025
Disclosures and Reports
- Legal Description: AMD PL PARADISE PARK PB 15-55 LOT 47 LOT SIZE 13275 SQUARE FEET OR 16028-1376 0893 1
- Property ID: 01-31-33-008-0340
Listed by RE/MAX 360 Real Estate
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Schools
Schools serving 2765 NW 17th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Kensington Park Elementary School 711 Northwest 30th Avenue, Miami, FL 33125 | PK-5 | 0.7 mi |
Citrus Grove Middle School 2153 Northwest 3rd Street, Miami, FL 33125 | 6-8 | 1.2 mi |
Miami Jackson Senior High School 1751 Northwest 36th Street, Miami, FL 33142 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2765 NW 17th Terrace
Date
Details
Price
Change
Source
3/03/2026
Listed
$1,625,000
—
MLS
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
Tax History for 2765 NW 17th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,390
14%
$1,230,061
—
2024
$15,235
15%
$1,230,061
21%
2023
$13,289
8%
$1,016,283
29%
2021
$12,264
-6%
$790,784
-10%
2022
$13,106
7%
$883,533
82%
2021
$12,264
37%
$485,459
24%
2019
$8,947
8%
$390,182
10%
2018
$8,251
4%
$354,711
-26%
2017
$7,910
3%
$476,668
63%
2016
$7,678
30%
$293,150
10%
2015
$5,926
-33%
$266,500
-32%
2014
$8,875
-6%
$391,333
-6%
2013
$9,466
—
$417,883
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2765 NW 17th Terrace
2765 NW 17th Ter, Miami, FL 33125 (MLS# A11974896) is a Commercial Land property with a lot size of 0.305 acres. 2765 NW 17th Ter is currently listed for $1,625,000 and was received on March 03, 2026. Want to learn more about 2765 NW 17th Ter? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

