Address210 Nw 16Th St, Miami, FL, 33136-1834

Price$2,800,000

  • Commercial Sale
  • Built in 1952

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.

Essential Information

  • MLS® #A11589387
  • Price$2,800,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1952
  • TypeCommercial Sale
  • Sub-TypeMulti Family
  • StatusActive

Community Information

  • Address210 Nw 16Th St
  • Area31
  • CityMiami
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33136-1834

Amenities

  • ParkingOn Street

Interior

  • InteriorTile
  • HeatingCentral
  • CoolingCentral Air

Exterior

  • ConstructionBlock

Additional Information

  • Date ListedMay 16th, 2024
  • Days on Website48

Listing Details

  • OfficeEXP Realty LLC
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