Residential Income Redevelopment
For Sale
$725,000
2800 SW 16th Ter, Miami, FL 33145
Triplex with three existing units, sold as-is, positioned for T3O zoning redevelopment with multi-unit or townhome construction.
Days on Market81
Property Features for 2800 SW 16th Ter
General Information
Standard status
Active
Property subtype
Vacant Land
Zoning
T3O
Amenities
Lot Size Acres: 0.11, Lot Size Square Feet: 7050
Total Taxes: $11,498, Tax Year: 2025, Percentage of Tax that is Deductable: 0
Trees: 1
Sale, Sale Type: Foreclosure
Subdivision Name: Grapeland
Listing Agency:
Compass Florida, LLC
(305) 697-5402
Listed By:
Gerardo Gonzalez · License #3337841
(305) 697-5402
Source:
Doyle-realty
Added: May 13
Changed: Jul 26
Last Checked: Jul 31 at 5:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida, LLC
Investment Insights
Based on property information with market context.
This residential income triplex offers three existing units and is being sold as-is. Public remarks indicate the three units are estimated to produce about $60,000 per year in gross income, providing interim carry while pursuing redevelopment. T3O zoning permits modern multi-unit or townhome construction, creating an opportunity for a builder to use the existing property as part of the process through entitlement.
The property is in Miami-Dade County school district and is described in relation to Coral Gables Senior High School, Ponce De Leon Middle School, and Coral Gables Preparatory Academy. As presented, the transaction is framed as a land-driven redevelopment play with existing rent acting as additional cushion.
The property is in Miami-Dade County school district and is described in relation to Coral Gables Senior High School, Ponce De Leon Middle School, and Coral Gables Preparatory Academy. As presented, the transaction is framed as a land-driven redevelopment play with existing rent acting as additional cushion.
Key Highlights
- Triplex with three existing units, sold as‑is
- T3O zoning permits modern multi‑unit or townhome construction
- Estimated gross income of roughly $60,000/year from the three existing units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,469
Businesses Nearby
Explore this area
Business Placement
Demographics for 33145, FL
29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with three existing units, sold as-is, positioned for T3O zoning redevelopment with multi-unit or townhome construction.
Where is this triplex located?
The property is located at 2800 SW 16th Ter Miami, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Triplex with three existing units, sold as‑is; T3O zoning permits modern multi‑unit or townhome construction; Estimated gross income of roughly $60,000/year from the three existing units
