2292 16Th TerMiami, FL 33145

  • Residential income properties
For Sale
$1,200,000 View listing

Property Details for 2292 16Th Ter

Year built
1927
Property type
Residential income properties
Property subtype
Multifamily properties

Description

This exceptional six-unit multifamily property presents a compelling investment opportunity in Miami, Florida. Located at 2292 SW 16th Ter, 33145, this corner lot occupies half a block in a desirable, quiet single-family neighborhood. The property, built in 1927, is a two-story building featuring charming Spanish architecture. The property includes a four-bedroom, three-bathroom single-family home, plus a duplex with two legally designated units, each with individual meters. The duplex comprises a one-bedroom, one-bathroom unit with a patio on the ground floor and a two-bedroom, one-bathroom unit with a balcony upstairs. The property boasts a significant rental income potential of $4,500 per month. The property is zoned T3R, allowing for single-family or multi-family use (2-9 units), making it ideal for multi-generational living or maximizing rental income. Situated near Brickell, Coconut Grove, Coral Gables, Key Biscayne, and Downtown Miami, this property benefits from its proximity to major employment centers and amenities. This is an as-is sale, not contingent on appraised value. The asking price is $1,200,000. Please do not disturb tenants.

2292 16Th Ter, Miami, Florida

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.757
Longitude
-80.2322

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].