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Active duplex SALE

2800 Sw 16th Terrace, Miami, Florida 33145

Miami, FL 33145

$725,000
1,535 sqft
Property Details
MLS# A12008506
Type Duplex
Square Footage 1,535
Year Built 1924
Tax Amount $11,498

Property 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.
Amenities
Built 1924
Cooling: Central Air, Wall/Window Unit(s)
Heating: None

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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office: Compass Florida, LLC
Listing Agent: Gerardo Gonzalez

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