Redevelopment play with built-in income. T3O zoning permits modern multi-unit or townhome construction. Three existing units could bring in roughly $60,000/year gross, estimated, enough to carry the property through entitlement. Sold as-is; the land drives the deal, the rent is the cushion. Sized and positioned for a builder who wants the lot working before the first permit is pulled.
Property Details
Price:
$695,000
MLS #:
A12078764
Status:
Active
Beds:
0
Baths:
0
Address:
2800 SW 16th Ter
Type:
Multi Family
Subtype:
Duplex
Subdivision:
GRAPELAND
Neighborhood:
grapeland
City:
Miami
Listed Date:
Aug 27, 2026
State:
FL
Finished Sq Ft:
1,535
Total Sq Ft:
1,813
ZIP:
33145
Year Built:
1924
Units:
3
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Schools
Interior
Cooling
Central Air, Wall/ Window Unit(s)
Flooring
Ceramic Floor, Other
Heating
None
Exterior
Architectural Style
Detached
Construction Materials
Frame With Stucco
Parking Spots
5
Roof
Shingle
Financial
Tax Year
2025
Taxes
$11,498
Map
Community
- Address2800 SW 16th Ter Miami FL
- SubdivisionGRAPELAND
- CityMiami
- CountyMiami-Dade County
- Zip Code33145
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2800 SW 16th Ter
Miami, FL
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