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About This Home
This land at 2800 SW 16th Ter in Miami, FL is listed for $750,000 (0.16 acres).
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
- 0.16 acre lot
Location
2800 SW 16th Ter
Miami, FL 33145
Grapeland
Questions & Answers
This 0-bedroom, 0-bathroom land at 2800 SW 16th Ter is listed at $750,000. The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.
Key features include: 0.16 acre lot.
This property is listed by Gerardo Gonzalez and can be reached at 3059648614 or g.gonzalez@compass.com.
