Investor / developer opportunity! Prime lot zoned T3O that allows modern multi-unit town-homes construction. Existing old home sold as-is, ideal for rental income while planning redevelopment. Strong demand for new housing in this area makes this a high-ROI

2800 SOUTH WEST 16TH TER, Miami

$850,000 USD 3 2
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Address2800 SOUTH WEST 16TH TER, Miami
Building NameGRAPELAND
Type of PropertySingle Family Residence
Property StyleR30-No Pool / No Water
Price$850,000
Property StatusActive
MLS NumberA11878821
Bedrooms Number3
Full Bathrooms Number2
Living Area1535
Lot Size7050
Year Built1924
Folio Number01-41-10-002-2450
Zoning Information5700
Days on Market1

Detailed Description: Investor / developer opportunity! Prime lot zoned T3O that allows modern multi-unit town-homes construction. Existing old home sold as-is, ideal for rental income while planning redevelopment. Strong demand for new housing in this area makes this a high-ROI project site. Rare chance to build and capitalize in neighborhood growth.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33145
Address2800 SOUTH WEST 16TH TER
Section10
Zip Code (4 Digits)1956
Financial Information
Price$850,000
Price per Foot$0
Folio Number01-41-10-002-2450
Tax Amount$10,002
Tax Year2024
Full Descriptions
Detailed DescriptionInvestor / developer opportunity! Prime lot zoned T3O that allows modern multi-unit town-homes construction. Existing old home sold as-is, ideal for rental income while planning redevelopment. Strong demand for new housing in this area makes this a high-ROI project site. Rare chance to build and capitalize in neighborhood growth.
Property ViewNone
Design DescriptionDetached, One Story
Roof DescriptionShingle
Interior FeaturesFirst Floor Entry, Florida Room, Separate Guest / In-Law Quarters, Utility Room / Laundry
Exterior FeaturesLighting, Fruit Trees
Equipment AppliancesDishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Cooling DescriptionCentral Air
Heating DescriptionElectric
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Parking DescriptionAdditional Spaces Available, Other
Property parameters
Bedrooms Number3
Full Baths Number2
Living Area1535
Lot Size7050
Zoning Information5700
Year Built1924
Type of PropertySingle Family Residence
StyleR30-No Pool / No Water
Building NameGRAPELAND
Development NameGRAPELAND
Construction TypeConcrete Block Construction
Street DirectionSouth West
Listed withFlorida Realty of Miami Corp