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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
37 days
0 room(s)

Overview

Great location! Office Building composed of 7 offices and 3 bathrooms 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 property situated on a 7,503 sq.ft. lot has approx. 12 parking spaces in the back and additional parking spaces in the front. Great location! Office Building composed of 7 offices and 3 bedrooms in the Miami Health District (Civic Center) near downtown Miami and close to the Metrorail.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1949
Lot:
7503 Square Feet
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
$917K – $3.3M
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
9 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: 7503 Square Feet

    Other Property Information

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

    • Zoning: 9600

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Commercial

  • Other financial information

    • Annual tax amount: $8,064

  • Source details

    • MLS ID: F10294313

Private inquiry
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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.