2800 SW 16th Terrace, Miami, FL 33145

$725,000
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List Price
$725,000
MLS#
A12017270
Lot Size
7,050
Lot Dimensions
7050
Subtype
Unimproved Land
County
Miami-Dade
Subdivision
Grapeland
Region
2410
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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.

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Additional Information

Elementary School
Coral Gables Preparatory Academy
High School
Coral Gables
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Listing courtesy of Compass Florida, LLC. Contact:

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