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• MLS® #: A11981149
• 3501 Sw 16th Ter
• Miami, FL 33145-1714
• $775,000
• 2,016 SqFt
• Income

Prime Miami location just steps from Coral Gables. Rare investment, income, and redevelopment opportunity in one of Miami’s most desirable areas. Existing duplex with strong rental potential and the possibility to convert into 4 units. Property is equipped with accordion shutters and tankless water heater. Hardwood floors under carpet in the upper unit and teak closets. Located in Flood Zone X with no HOA. Land use may allow development of up to 9 units (buyer to verify zoning and redevelopment options). Great opportunity for investors or developers seeking land value in a prime location. Centrally located minutes from Coconut Grove, Brickell, Downtown Miami, Miami Beach, University of Miami, Miracle Mile, and Miami International Airport. Exceptional location with tremendous upside for investors, developers, or end users. Tenant occupied on a month-to-month basis. Interior photos and floor plan coming soon. Please call or text listing agent to schedule an appointment.

Facts About Miami, FL

Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.