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221 NW 16th Ave, Miami FL 33125

Multi-family For Sale
$1,200,000

BTC: 18.46153846

ETH: 454.06043544

1 days
0 room(s)
1,890 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1952
Lot:
No Data
Heating:
Other
Price/sqft:
$635
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-41-02-005-8220

    • Zoning: T5-L

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $10,261

  • Source details

    • MLS ID: A11662224

    Other facts

    • Construction Materials: Concrete Block With Brick / Other

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Ranch

    • Living Area: 1890

    • Subdivision Name: LAWRENCE ESTATE LAND CO

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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 ©2024-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: Fausto Commercial Realty Consultants Inc