220 11th Terrace, Miami, FL 33136

$2,100,000 — Active

Property Features

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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.

▼ Price Reduced — originally listed at $2,350,000

Property Details

  • Listing ID: A12019487
  • Status: Active
  • Listing Date: 2026-05-14
  • Property Type: Quadruplex
  • Subdivision: MIAMI NORTH
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 6,234
  • Lot Dimensions: 8769
  • Year Built: 1960

Financial

  • List Price: $2,100,000
  • Original List Price: $2,350,000
  • HOA Fee: None
  • Taxes: $23,151/yr

Features & Amenities

  • Cooling: Central Air
  • Heating: Central, Separate Meters
  • Flooring: Vinyl
  • Construction: Block
  • Roof: Flat, Tile

Courtesy of Compass Florida, LLC
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RAPB

© 2026 Starfish Real Estate. Listings updated Nov 9, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.