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2800 SW 16th Ter, Miami FL 33145

Multi-family Active With Contract
$695,000

BTC: 8.50412970

ETH: 282.52032520

8 days
0 room(s)
1,535 sqft

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.

Location

Florida • Miami • 33145 • Multi-family • Active With Contract

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1924
Lot:
No Data
Heating:
None
Price/sqft:
$453
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$499,999
$335K – $975K
Confidence Low
List vs. estimate
$195K above estimate
List $695,000 · +39.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$452
+3.7% vs. city median $436
Based on
21 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $731K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,498
2025
Parking
5 spaces
All facts and features

  • Flooring

    • Ceramic Floor

    • Other

    Heating

    • None

    Cooling

    • Central Air

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 01-41-10-002-2450

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $11,498

  • Source details

    • MLS ID: A12078764

    Other facts

    • Construction Materials: Frame With Stucco

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 1535

    • Water Source: Municipal Water

    • Subdivision Name: GRAPELAND

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33145
177
median $980K
Active
Same city
Miami
12,744
median $639K
Active
Same type
Multi-family
549
median $990K
Active
Similar price
$486K – $903K
4,187
median $649K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC