2800 SW 16th Ter

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2800 SW 16th Ter

Miami, FL 33145
Asking Price
$750K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Miami.
  • Property features a total of three individual residential units.
  • Asking price for this asset is set at 750,000 dollars.
  • Located at 2800 SW 16th Ter within the 33145 zip code.
  • Strategically positioned in the active Miami metropolitan housing market.

What's Special

Investors seeking to expand their portfolio will find this three-unit apartment building at 2800 SW 16th Ter a practical acquisition. Located in the established Miami market, the property serves as a stable residential asset within a densely populated urban environment. This multifamily structure provides a straightforward opportunity to enter or strengthen a footprint in a region defined by consistent rental demand and a broad employment base. The city of Miami remains a significant hub for international trade, tourism, and professional services, drawing a diverse population that drives the need for varied housing stock. With its current configuration, the building is well-positioned for an owner-operator or an investor focused on small-scale residential holdings. Prospective buyers can leverage the central location to provide accessible housing options within this major metropolitan area. This property combines manageable scale with the potential for long-term utility in one of the most active real estate markets in South Florida.

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

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