$1,625,000

2765 NW 17TH TER, MIAMI, FL 33125

0 baths4,577 sq ft2 to 4 unitsBuilt 1945
Updated today, November 3, 2026

This home against North Grapeland Heights

$355 per sq ft, 15% under the North Grapeland Heights median
234 days on the market
$16,694 in property taxes (2025)

North Grapeland Heights today: 19 homes for sale, median list price $750,000.

About this home

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)

Zoned schools

Elementary: Kensington Park Elementary School
Middle: Citrus Grove Middle School
High: Miami Jackson Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Miami River Rapids Mini Park, 0.4 mi
Grocery: Pardo Supermarket, 0.5 mi

Distances from the center of North Grapeland Heights, MIAMI.

Listing courtesy of RE/MAX 360 Real Estate. MLS# A11981015.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed March 14, 2026.

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