Price Check
How this price compares
- Asking price
- $695,000
- Price per sq ft
- $453
- Original price
- Unchanged
- Days on market
- 8
This multi-family property in Grapeland went under contract with an asking price of $695,000, or $453 per square foot. It spent 8 days on the market before going under contract.
Estimated monthly payment
$3,653 /mo
Principal and interest only, based on $139,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $695,000
- Days on Site
- 8 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,535 sqft
- Total Sq Ft
- 1,813 sqft
- Year Built
- 1924
- Property Type
- Multi-Family
- MLS #
- A12078764
- Property Tax
- $11,498 (2025)
- Subdivision
- GRAPELAND
- County
- Miami Dade
- Status
- Under Contract
About This Property
Redevelopment play with built-in income. T3O zoning permits modern multi-unit or townhome construction. Three existing units could bring in roughly $60,000/year gross, estimated, enough to carry the property through entitlement. Sold as-is; the land drives the deal, the rent is the cushion. Sized and positioned for a builder who wants the lot working before the first permit is pulled.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Under Contract
- Year Built
- 1924
- Property Condition
- Resale
- Number of Stories
- 0
- Living Sq Ft
- 1,535
- Total Sq Ft
- 1,813
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 5700
Interior Features
- Cooling
- Central Air / Wall Window Units
- Heating
- None
- Flooring
- Ceramic Tile / Other
Exterior Features
- Construction
- Frame / Stucco
- Roof
- Shingle
Community & HOA
- Utilities
- Cable Not Available
- Financing Terms
- Cash / Conventional / Other
- MLS Area
- 2410
Schools
- Elementary School
- Coral Gables Preparatory Academy
- High School
- Coral Gables
About the Community
Grapeland is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $515,000 to $1,800,000. Homes were built between 1920 and 2026. Pure Equity lists homes in Grapeland and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 15
- Under Contract
- 3
- Median List Price
- $1,199,000
- Median $/Sq Ft
- $558
- Avg Days on Market
- 82
Frequently Asked Questions
- How do I schedule a tour of 2800 SW 16th Terrace, Miami, FL 33145?
- Use the Tour button on this listing to request a showing of 2800 SW 16th Terrace, Miami, FL 33145. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 2800 SW 16th Terrace, Miami, FL 33145 still available?
- 2800 SW 16th Terrace, Miami, FL 33145 is currently listed as Under Contract, and has been on the market 8 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 2800 SW 16th Terrace, Miami, FL 33145?
- With 20% down ($139,000) on the $695,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2800 SW 16th Terrace, Miami, FL 33145 is about $3,653/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 2800 SW 16th Terrace, Miami, FL 33145?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2800 SW 16th Terrace, Miami, FL 33145. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 2800 SW 16th Terrace, Miami, FL 33145?
- 2800 SW 16th Terrace, Miami, FL 33145 is zoned for Coral Gables Preparatory Academy (elementary), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 2800 SW 16th Terrace, Miami, FL 33145?
- Often, yes. The right offer on 2800 SW 16th Terrace, Miami, FL 33145 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$695,000
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Listed by Gerardo Andres Gonzalez, Compass Florida, LLC
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Recent Sales
Recently sold homes in Grapeland
These are the last 6 recorded closings in Grapeland, with the price each home actually sold for rather than what it was listed at. They closed at a median of $536 per square foot. The most recent closed on July 27, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,220,000
Sold · July 27, 2026
2320 SW 14th Street
4 bed · 4.5 bath · 2,594 sqft · $470/sqft
$70,000 under the asking price
Sold$799,000
Sold · July 17, 2026
2953 SW 17 Street
0 bed · 0 bath
Sold$515,000
Sold · July 9, 2026
1820 SW 25th Avenue
3 bed · 2 bath · 960 sqft · $536/sqft
Sold$650,000
Sold · May 15, 2026
2258 SW 15th Street
3 bed · 3 bath · 1,517 sqft · $428/sqft
$49,000 under the asking price
Sold$875,000
Sold · May 6, 2026
2434 SW 15th Street
3 bed · 2 bath · 1,335 sqft · $655/sqft
$10,000 under the asking price
Sold$530,000
Sold · April 30, 2026
1633 SW 30th Avenue
2 bed · 1.5 bath · 855 sqft · $620/sqft
$150,000 under the asking price
See every recorded sale in Grapeland or find out what your Grapeland home is worth.
