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About This Home
This 3-bedroom, 3-bathroom multi-family at 2800 SW 16th Ter in Miami, FL is listed for $750,000 ($489 per sqft). Built in 1924, the home offers 1,535 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1924
- 5 parking spaces
Property Details
Monthly Cost Estimate
$4,011/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2800 SW 16th Ter
Miami, FL 33145
Grapeland
Property Details
Flooring
Construction
Cooling
Questions & Answers
This 3-bedroom, 3-bathroom multi-family at 2800 SW 16th Ter is listed at $750,000 ($489/sqft). The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.
Key features include: Built in 1924, 5 parking spaces.
This property is listed by Gerardo Gonzalez and can be reached at 3059648614 or g.gonzalez@compass.com.
