Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,228 sq ft
Active · SingleFamilyResidence
$1,250,000
261 NW 73rd Ter, Miami, FL 33150
- Beds
- 3
- Baths
- 2
- Living area
- 1,228 sq ft
- $ / sq ft
- $1,018/sq ft
- Year built
- 1955
- Lot size
- 7,500 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Prime redevelopment opportunity in Miami's urban core.This 7,500 SF lot, zoned T5-R, features an existing 3-bedroom,2-bath single family home with a new roof, offering flexibility to hold or rent while evaluating future development potential. Positioned in Miami's evolving Little River neighborhood, the property offers an opportunity for investors seeking land with an existing residential use. Buyer to independently verify all information, zoning ,TOD eligibility and development potential.
Property location
Get Directions261 NW 73rd Ter, Miami, FL 33150
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1955
- Lot size
- 7,500 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A12023087
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$3,551
- Cap rate
- 2.3%
- Net yield
- 2.3%
- Cash-on-cash return
- -12.2%
- Gross yield
- 5.4%
- Mortgage payment
- $5,926/mo
- Down payment
- $312,500
- Loan amount
- $937,500
- Annual NOI
- $28,498
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.