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Residential Income
$1,200,000
221 NW 16th Ave Miami, FL

A11662224

232 of 457 for Sale
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an agent
  • Listed On:

    Sep 25, 2024
  • Days on Market:

    40
  • Year:

  • Taxes:

    $10,261 per year
  • Floor Description:

    Other
  • Occupancy:

  • Zoning:

  • Parking:

221 NW 16th Ave Miami, FL 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.

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For Sale Details

  • Floor Description

    Other

  • Heating Description

    Other

  • Photo Count

    28

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional, FHA, FHA-Va Approved

  • Year Built

    1952

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