Active · Duplex
$799,999
2744 SW 16th Ter, Miami, FL 33145
- Beds
- —
- Baths
- 0
- Living area
- 1,563 sq ft
- $ / sq ft
- $512/sq ft
- Year built
- 1925
- Lot size
- —
- HOA fee
- —
- Annual tax
- $6,000
About this property
Rare income-producing duplex in the heart of Miami’s desirable Shenandoah neighborhood! This charming 1925-built property sits on a generous 7,000 sq ft lot and offers two separate units totaling 1,563 sq ft. The front unit is rented rear unit occupied, providing immediate cash flow from day one. Wood floors, central air, and 2 parking spaces. Just minutes from Downtown Miami, Brickell, and Coral Gables. Zoned T3O zoning permits modern multi-unit or townhome construction with strong upside potential — live in one unit and rent the other or hold as a pure investment. Cash and conventional financing welcome. Don’t miss this opportunity in one of Miami’s most sought-after corridors! Property has new roof and new PBC plumbing.
Interior & exterior features
Cooling
- Central Air
Heating
- Central
Pool
- None
Flooring
- Hardwood
- Wood
roof
- Other
construction
- CBSConcrete Block Structure
- Block
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$247
- Cap rate
- 5.3%
- Net yield
- 5.3%
- Cash-on-cash return
- -1.3%
- Gross yield
- 7.5%
- Mortgage payment
- $3,792/mo
- Down payment
- $200,000
- Loan amount
- $599,999
- Annual NOI
- $42,540
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.