Grapeland
$725,000
2800 SW 16th Ter, Miami, FL 33145
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 07/08/2026
1,813 sqft
Building Size
3
Units
Details:
Building Size: 1,813 sqft
Units: 3
Year Built: 1924
Parking Spots: 5
Gross Leaseable Area: 1,535
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: None
- Architectural Style: Detached
- Cooling: Central Air, Wall/Window Unit(s)
- Heating: None
- Flooring: Ceramic Floor, Other
- Construction Materials: Frame With Stucco
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.
Location
Gallery