2800 SW 16th Terrace, Miami, FL 33145
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Active

$725,000

2800 SW 16th Terrace, Miami, FL 33145

Beds
0 Baths
1,535 Sq Ft
1924 Year Built

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.

Property Details

MLS Number
A12008506
Property Type
Duplex
City
Miami
County
Miami-Dade
Subdivision
GRAPELAND
Garage
spaces