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4217 SW 2nd Ter, Miami FL 33134

Multi-family Active With Contract
$600,000

BTC: 10.00000000

ETH: 387.09677419

11 days
0 room(s)
1,239 sqft

Overview

AS-IS sale with exceptional redevelopment potential in a prime location just blocks from Coral Gables. Ideal for a developer or investor looking to build new. Covered Land Deal - the property currently features two income-producing units that can help offset carrying costs while plans and permits are being finalized. The front unit offers 3 bedrooms, 1 bathroom, central A/C, tile floors, high ceilings, and a dedicated laundry room. The rear unit is a 1 bedroom, 1 bathroom apartment. Situated in a highly desirable area near shopping, dining, major roads, and everything Coral Gables has to offer, this property presents a rare opportunity to secure land in a rapidly growing and highly sought-after neighborhood.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1925
Lot:
No Data
Heating:
Central
Price/sqft:
$484
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$475,000
$310K – $745K
Confidence Low
List vs. estimate
$125K above estimate
List $600,000 · +26.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$484
+11.2% vs. city median $435
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $670K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,306
2025
Parking
6 spaces
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 01-41-05-049-0040

    • Zoning: 3901

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $7,306

  • Source details

    • MLS ID: A12022799

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Porch / Patio

    • Architectural Style: Attached

    • Living Area: 1239

    • Water Source: Municipal Water

    • Subdivision Name: W FLAG CEN LE JEUNE AD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Sea Grove Realty