New Listing - 09/19/2024

$1,200,000 ($634.92 per sqft)

Est. Mortgage $5,911/mo *

Quick Pre-Approval

221 NW 16th Ave, Miami, FL, 33125

221 NW 16th Ave, Miami, FL, 33125

1952

Fourplex

1,890 sqft

Exceptional property in Little Havana with immediate access to the 836 HWY, I-95 and Brickell. 1950s, four unit apartment building on a 5,000 SF lot zoned T5-L which allows short-term rentals. Apartments are 4: 1 Bedroom, 1 bath with identical floor plans. Within 5 minutes of Brickell and Downtown, and immediately across the Loan Depot Marlins Park. This is an exceptional covered land play for savvy investors and future developers who are looking at getting their foot into this dynamic submarket. Given its small size it has the great benefit of being exempt from 40 yr certification requirements - a no hassle easy building to operate for owners. Central to key employment centers of Miami. Walkable to Calle echo and the arts and entertainment hub of the neighborhood.


Status:

Active

Type:

Multi-family

Zoning:

T5-L

Subdivision:

LAWRENCE ESTATE LAND CO

Heating:

Other

Cooling:

Central Air

Parking:

4-car

Est. Taxes:

$10,261

Construction

Brick,Block,Other

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

6

Pool:

None

MLS #:

A11662224


Community Info

School Info

Walk Score

Yelp



Listing courtesy of Fausto Commercial Realty Consultants Inc Phone: 305-431-2258