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1370 NW 16th Street, Miami FL 33125

Commercial Recently Sold
$860,000

BTC: 14.70085470

ETH: 539.28976792

Sold on: 2021-10-07
22 days
0 room(s)

Overview

Great opportunity for development in the Miami Health District (Civic Center) near downtown Miami and close to the Metrorail. The Civic Center which is the second largest health district in the United States is composed by the city's main institutions such as Jackson Memorial Hospital, VA Medical Center, University of Miami Medical School campus among others. Due to concentration of housing demand and employment, this property can be destined to an array of uses such such office building, housing, hospitality, etc. The lot surrounding the property consisting in almost an acre is also for sale by a different listing agent. Purchased together a more complex project can be developed.

Location

Florida • Miami • 33125 • Commercial • Recently Sold

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.17 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,800,000
$900K – $2.5M
Confidence Low
List vs. estimate
$803K below estimate
List $997,000 · -44.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
7 MLS comparables
+ 28 public-records sales within 0.5 mi
Median actual sale: $251K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,064
2020
All facts and features

  • Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 01-31-35-024-0170

    • Zoning: 9600

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Electricity Connected

    • Other Utilities Available

    • Water Connected

    • Electricity Available

    • Other

    • Water Available

  • Other financial information

    • Annual tax amount: $8,064

  • Source details

    • MLS ID: F10298101

    Other facts

    • Lot Features: Central Business District / City Location / Other Location / 1 To Less Than 2 Acre Lot / 2 To Less Than 3 Acre Lot

    • Water Source: Public

    • Lot Size Dimensions: 0x0

    • Subdivision Name: GOLFVIEW PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33125
79
median $610K
Active
Same city
Miami
5,519
median $650K
Active
Same type
Commercial
390
median $1.2M
Active
Similar price
$697K – $1.3M
1,217
median $875K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: United Realty Group Inc.