For sale
$650,000
Photo 1 of 17$665,000
Sold2800 SW 16th Ter, Miami FL 33145
1,535 sq ftBuilt 1924MLS# A12078764
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About this property
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
- Property type
- Multi-family
- Year built
- 1924
- Living area
- 1,535 sq ft
- Price per sq ft
- $453
- Property taxes
- $11,498/yr
- Parking
- 5 spaces
- Building / community
- Grapeland
- Status
- Sold
- MLS #
- A12078764
