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220 NW 11th Ter, Miami FL 33136

Multi-family For Sale
$2,350,000

BTC: 36.71875000

ETH: 1,235.12593029

61 days
0 room(s)
6,234 sqft

Overview

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.

Location

Florida • Miami • 33136 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1960
Lot:
No Data
Heating:
Central
Price/sqft:
$377
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,350,000
$1.8M – $3.6M
Confidence Low
List vs. estimate
At estimate
List $2,350,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$376
-12.5% vs. city median $430
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $614K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$23,151
2025
Parking
4 spaces
All facts and features

  • Flooring

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Stairs

  • Other Property Information

    • Parcel Number: 01-31-37-031-0170

    • Zoning: 6100

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $23,151

  • Source details

    • MLS ID: A12019487

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 6234

    • Subdivision Name: MIAMI NORTH

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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Market around this address

Live counts in the same area.
View all
This zip
33136
44
median $987K
Active
Same city
Miami
12,295
median $635K
Active
Same type
Multi-family
503
median $975K
Active
Similar price
$1.6M – $3.1M
1,117
median $2.1M
Active

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: Compass Florida, LLC