MIAMI NORTH

220 NW 11th Ter, Miami FL 33136

6,234 ft²

For Sale · Active Listing

$2,350,000

Est. Payment $12,508/mo

MLS Sheet Video

6,234

Sq. Ft.

1960

Year Built

Stories

Days on Market

Description

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.

Facts

MLS#: A12019487
Subdivision: MIAMI NORTH
Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1960
Lot Size: 0 sqft
Sq. Ft.: 6,234 ft²
Sq. Mt.: 579 m²
Price per sq. ft.: $377/ft²
Price per sq. mt.: $4,059/m²
Stories: 3
Garage: —
Pool: —
Days on Market: —
Listed: May 14, 2026
Last Updated: May 15, 2026
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

94/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/14/2026

Listed for sale

$2,350,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

220 NW 11th Ter, Miami FL 33136Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Academic High School For The Arts
PK,KG,1,2,3,4,5,6,7,8 · private · 0.6 mi
South Florida Jewish Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
High Point Academy
KG,1,2,3,4,5 · private · 0.7 mi
Riverglades Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
Coral Sunset Elementary School
PK,KG,1,2,3,4,5 · public · 1.0 mi
Academic Alternative Education
6,7,8,9,10,11,12 · private · 1.5 mi
Weinbaum Yeshiva High School
9,10,11,12 · private · 1.5 mi
Academic Alternative High School Boca Raton
6,7,8,9,10,11,12 · private · 1.5 mi
Tradewinds Elementary School
PK,KG,1,2,3,4,5 · public · 1.5 mi
North Broward Preparatory School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.5 mi

Estimated Monthly Payment

$14,616/mo

Principal & Interest

$12,508

Property Tax

$1,958

Insurance

$150

HOA

Down Payment20% ($470,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

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