
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 propertys T6-8-O zoning supports future redevelopment at up to 8 stories, providing optio...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 propertys T6-8-O zoning supports future redevelopment at up to 8 stories, providing optionality for long-term investors seeking density in Miamis urban core. The generous lot size of 7,500 square feet on a corner parcel further enhances the redevelopment potential of this site.
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Agency Name: Compass Florida, LLC
Agent Name: Arthur Porosoff
Agency Phone: 305-851-2820
Presented by
Agency Title: The Keyes Company
Agency Phone:
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220 NW 11th Ter , Miami, FL 33136.
Email 220 NW 11th Ter , Miami, FL 33136
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