2800 Sw 16th Ter, Miami, FL 33145

$695,000
1,535
SqFt
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List Price
$695,000
MLS
A12078764
Complex Name
Grapeland
Status
ACTIVE
Type
Multifamily
Living Area
1,535
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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

Days on Market
0
Style
Duplex
#Parking Spaces
5
Year Built
1924
Development Name
Grapeland
Construction Type
Frame With Stucco
Section
10
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Listing Courtesy of Compass Florida, LLC, Contact: