Basic Information

  • MLS # A11589387
  • Type Commercial
  • Status Active
  • Subdivision/Complex
  • Year Built 1952
  • Total Sqft 5,250
  • Date Listed 05/16/2024
  • Days on Market 340
Description

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.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Parking Spaces 0
  • Parking Description On Street

Interior Features

  • Adjusted Sqft 5,250
  • Cooling Description Central Air
  • Floor Description Tile
  • Heating Description Central
  • Sqft 5,250

Property Features

  • Address 210 N W16th St
  • Aprox. Lot Size 5,250
  • City Miami
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info No
  • Listing Terms Cash, Conventional
  • Occupant Type Call Agent
  • Parking Features On Street
  • Possession Closing And Funding
  • Postal City Miami
  • Short Sale Regular Sale
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $7,546
  • Tax Information E R I C K S O N S S U B P B B-88 L O T2 B L K7 L O T S I Z E50.000 X105 O R23919-20101020051
  • Tax Year 0
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family
  • Year Built Details Resale

210 NW 16th St

Miami, FL 33136

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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 ©2023-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. tel: 888-883-8509

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