2800 SW 16th Terrace, Miami, FL 33145

$725,000
1,535
SqFt

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List Price
$725,000
MLS#
A12008506
Sq. Ft
1,535
Lot Dimensions
7050
Subtype
Duplex
County
Miami-Dade
Subdivision
Grapeland
Region
2410
Year Built
1924

Property Description

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.

Additional Information

Heating
None
Cooling
Central Air, Wall/Window Unit(s)
Roof
Shingle
Sewer
Public Sewer
Water
Public
Parking Spaces
5
Flooring
Ceramic Tile, Other
Construction
Frame, Stucco
Living Area
1,535
Elementary School
Coral Gables Preparatory Academy
High School
Coral Gables

Listing courtesy of Compass Florida, LLC. Contact:

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