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2800 SW 16th Terrace

Miami FL 33145

1813 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

1813 sq. ft. floor area
Duplex

Property history for 2800 SW 16th Terrace

2019
Sold
$339,000
21 Mar 2019 by Abiel Ballesteros, of UNITED DREAM REAL ESTATE
2015
Sold
$171,700
18 Mar 2015 by Raphael Cervera, of Amistad Real Estate

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95%
95% of sellers in Miami reported that their sale price either exceeded or met their price expectations.

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Local market activity for duplexes in Miami

In the last 12 months, 35 duplexes similar to 2800 SW 16th Terrace, have been sold.

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