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390 E 16th St, Hialeah FL 33010

Commercial Recently Sold
$755,000

BTC: 11.79687500

ETH: 432.41695304

Sold on: 2021-12-02
2 days
0 room(s)

Overview

Great investment, Multifamily with a Motel license, 6 units, 1 2/1 unit (remodeled 2020) and 5 1/1 studio units. The building has the 40-year recertification and the 10-year Approved inspection.

Location

Florida • Hialeah • 33010 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
Free Parking / Guest
Year Built:
1953
Lot:
6750 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
$790,000
$583K – $1.1M
Confidence Low
List vs. estimate
$20K above estimate
List $810,000 · +2.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
17 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $398K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,948
Parking
8 spaces
All facts and features

  • Flooring

    • Ceramic Floor

  • Parking

    • Free Parking

    • Guest

    Lot

    • Lot: 6750 Square Feet

    Other Property Information

    • Parcel Number: 04-31-18-003-4600

    • Zoning: 6300

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $6,948

  • Source details

    • MLS ID: A11110123

    Other facts

    • Lot Features: City Location

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
33010
86
median $662K
Active
Same city
Hialeah
813
median $453K
Active
Same type
Commercial
167
median $470K
Active
Similar price
$567K – $1.1M
208
median $693K
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: SEI Brokers Corporation