2800 SW 16th Ter, Miami FL 33145 | Miami-Dade County | A12008506
- $725,000
- Duplex
- 1535 Sq Ft
2800 SW 16th Ter, Miami FL 33145 | Miami-Dade County | A12008506
- $725,000
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 Overview
2800 SW 16th Ter is a duplex built in 1924 within the Grapeland subdivision. The property sits on a 1535-square-foot lot and is listed at $725,000. The duplex offers three existing units and is sold as-is. The site is zoned T3O, which allows for multi-unit construction. The public description notes the potential to generate roughly $60,000 in annual gross income, covering carrying costs during redevelopment.
Frequently Asked Questions
What zoning allows for redevelopment on this property?
The property has T3O zoning, which permits modern multi-unit or townhome construction.
What is the current income potential?
There are three existing units that could generate roughly $60,000 per year in gross rent.
How is the property being sold?
The property is sold as-is.
What is the primary strategy for this investment?
The land drives the deal, and the current rent provides a cushion to cover costs during redevelopment.
What is the total living area?
The living area is 1,535 square feet.
When was the building constructed?
The building was constructed in 1924.
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Address
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Address: 16th Ter
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33145
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Area: GRAPELAND
Details
Updated on August 25, 2026 at 10:39 pm-
Property ID A12008506
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Price $725,000
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Property Size 1535 Sq Ft
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Year Built 1924
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Type Duplex
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Property Status Active, Residential Income
Additional details
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Flooring Ceramic Floor, Other
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Cooling Central Air, Wall/Window Unit(s)
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Association Type None
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Building GRAPELAND
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Area Grapeland
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Annual Tax 11498
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Subdivision GRAPELAND
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Total Stories 0
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Heating None
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Structure Type Duplex
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Tax Year 2025
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Construction Frame With Stucco
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Building Area 1813
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Year Built Details Resale
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Flood Zone X
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New Construction No
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Style Duplex
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Lot Size (Sq Ft) 0
Features
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