2800 SW 16th Ter Miami, FL 33145

Listing agent Gerardo Gonzalez License #3337841 Show Phone

Listing office Compass Florida, LLC b***@compass.com 2550 S Bayshore Dr Suite 106, Miami, FL Show Phone

Listing date Jul 6, 2026

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MLS# A12017270 Listing URL

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Investment Insights

Based on property information with market context.

This residential land in Miami, Florida, presents a redevelopment opportunity with existing income potential. The T3O zoning permits the construction of modern multi-unit dwellings or townhomes. Currently, there are three existing units on the property that could generate an estimated gross income of approximately $60,000 per year, potentially covering the property's expenses during the entitlement process. The property is being sold in its current condition, with the land being the primary asset and the rental income serving as a financial buffer. The property's size and location make it suitable for a builder seeking to utilize the lot before obtaining the initial permit. The lot size is 0.1618 acres.

Key Highlights

• T3O zoning allows for multi‑unit or townhome construction.
• Existing units provide approximately $60,000/year gross income.
• Income can cover the property costs during the entitlement process.

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FAQs

What type of property is this?

Land - Residential land with income potential in Miami, Florida.

Where is this land 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: T3O zoning allows for multi‑unit or townhome construction.; Existing units provide approximately $60,000/year gross income.; Income can cover the property costs during the entitlement process.