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2415 NW 16th St Rd # 1, Miami FL 33125

Condo/Co-op For Sale
$249,500

BTC: 3.80916031

ETH: 138.61111111

-$48K (2026/05/13)
307 days
Waterfront
2 bds
2 ba
865 sqft

Overview

Excellent investment opportunity. Spacious 2-bedroom 2-bathroom apartment at the Miami River. Open balcony with view into the greenery. Comfortable split floor plan with ample-sized bedrooms and spacious closets. Full-size washer and dryer in the unit. 1 assigned garage parking space on unit level. Nestled in a quiet gated community with 24 hours security guard. Easy access to Miami International Airport, River Landing shops Freedom Park, Miami Soccer Stadium and 836 Expressway. A perfect blend of urban convenience and riverside tranquility in this prime Miami location. Unit was rented recently at $2,450 per month (6% cap rate) - now vacant for the convenience of any type of buyers, but can be rented right away.

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Covered / No Motorcycle
Year Built:
2006
Lot:
No Data
Heating:
Central
Price/sqft:
$288
Cooling:
Central Air
HOA:
$575

Valuation

Our model vs. what's actually selling nearby.
Estimate
$395,000
$261K – $575K
Confidence Low
List vs. estimate
$145K below estimate
List $249,500 · -36.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$288
-49.2% vs. city median $567
Based on
2572 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $279K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,140
2025
HOA
$575/mo
View
Other View
Waterfront
River
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Free-Standing Freezer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • Closet Cabinetry

    • Split Bedroom

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Assigned

    • Covered

    • No Motorcycle

    Property

    • Exterior Features: West Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-31-34-121-0120

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $575

    • HOA Frequency: Monthly

    • Annual tax amount: $4,140

  • Source details

    • MLS ID: A11849052

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Blinds

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 865

    • Subdivision Name: RIVER RUN SOUTH CONDO

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: LPT Realty, LLC