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.

Address

Open on Google Maps

Address: 16th Ter
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33145
Area: GRAPELAND

Details

Updated on May 9, 2026 at 3:14 am

Property ID A12008506
Price $750,000
Property Size 1535 Square Feet
Year Built 1924
Type Duplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 1813
BuildingAreaUnits Square Feet
BuildingName GRAPELAND
ConstructionMaterials Frame With Stucco
ContractStatusChangeDate 2026-04-27
Cooling Central Air, Wall/Window Unit(s)
DaysOnMarket 11
Directions Google Maps
DocumentsAvailable None
ExpirationDate 2026-10-27
Flooring Ceramic Floor, Other
Heating None
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-964-8614
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Grapeland
MajorChangeTimestamp April 28, 2026 at 12:33pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp May 8, 2026 at 08:27pm
NumberOfUnitsInCommunity 3
OnMarketDate 2026-04-27
OriginalEntryTimestamp April 28, 2026 at 12:33pm
OriginalListPrice 750000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-41-10-002-2450
ParkingTotal 5
PhotosChangeTimestamp April 28, 2026 at 12:36pm
PhotosCount 17
Possession Funding
PostalCode 33145
PostalCodePlus4 1956
PriceChangeTimestamp April 27, 2026 at 07:30pm
PublicSurveyRange 41
PublicSurveySection 10
PublicSurveyTownship 41
RentIncludes None
Roof Shingle
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 459707256
StateOrProvince FL
StatusChangeTimestamp April 28, 2026 at 12:33pm
Stories 0
StoriesTotal 0
StreetDirPrefix SW
StreetName 16th Ter
StreetNumber 2800
StreetNumberNumeric 2800
StructureType Duplex
SyndicationRemarks 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.
TaxAnnualAmount 11498
TaxLegalDescription GRAPELAND SUB REV PB 3-196 LOT 12 LESS N10FT BLK 12 LOT SIZE 50.000 X 141 OR 21357-1421 0603 2 COC 23917-1343/24186-3584 1005 1
TaxYear 2025
WaterSource Municipal Water
YearBuiltDetails Resale
Zoning 5700