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210 NW 16th St, Miami FL 33136

Commercial For Sale
$2,800,000

BTC: 45.30788325

ETH: 836.33767731

39 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Sitting in the historical area of Overtown, you will find this treasure of a multifamily investment with 6 units. The property is T5-L zoning allowing for AirBnB licensure and short-term rental. There are 2x 1/1, and 4x 2/1 with open rooms that can easily be closed off. Each unit is equipped with individual water/electric meters, reducing operating expenses. There is definitely potential to adjust rent to market rate. The property is less than 10 minutes away from vibrant Downtown Miami, and the artistic Wynwood area. The area is seeing major redevelopment with the ongoing "Signature Bridge" and "Underdeck" project already underway, bringing more activity to the popular area making this a crucial investment to capitalize on.

Location

Florida • Miami • 33136 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
On Street
Year Built:
1952
Lot:
5250 Square Feet
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data
All facts and features

  • Flooring

    • Tile

    Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Parking

    • On Street

    Lot

    • Lot: 5250 Square Feet

    Other Property Information

    • Parcel Number: 01-31-36-021-0870

    • Zoning: 6107

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $7,546

  • Source details

    • MLS ID: A11589387

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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: EXP Realty, LLC