210 Northwest 16th Street

Miami, FL 33136

$2,800,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.
  1. Listed by Jovanny Valdez • EXP Realty, LLC
  2. Listed by William Dowda II • EXP Realty LLC

Property Details for 210 Northwest 16th Street

Waterfront
No
Area
31
Auction
No
Year Built Description
Resale

Location

Listing Courtesy of EXP Realty, LLC; EXP Realty LLC
Add your commute
LISTING UPDATED: 05/20/2024 03:07 PM

Property Details for 210 Northwest 16th Street

StatusActive
MLS #A11589387
Days on Market18
Taxes$7,546 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1952
Lot Size0.12 AC / 5,250 SF
CountyMiami-Dade County

Location

Listing Courtesy of EXP Realty, LLC; EXP Realty LLC
Add your commute

Building Information for 210 Northwest 16th Street

Stories-Residences-Year Built1952Building Size-Lot Size0.12 AC / 5,250 SF

Payment Calculator

$15,910 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,281

Property Taxes

$629

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 210 Northwest 16th Street

Location Information
Location Information
  • Parcel Number Free Text: 01-31-36-021-0870
  • Parcel Number MLX: 0870
  • MLS Area: 31
  • Township Range: 31
  • Section: 36
  • Subdivision Number: 21
  • Unit Count: 1
  • Zoning Information: 6107
General Information
Parking
  • Parking Description: Street Parking
General Information
  • Style of Property: Income Non-Waterfront
  • Prop Type-Type of Building: Commercial/Residential Income
  • Building Sq Ft: 3,856
  • Num Offices: 0
  • Num Meters: 6
  • Num Toilets: 6
  • Acreage Description: 1/4 Acre Or Less
  • Approximate Lot Size: 5250
  • Property Sq Ft: 5250
  • Num Buildings: 1
  • Num Floors: 2
  • Fire Protection: Smoke Alarm, Smoke Detector
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
  • Security Information: Fenced
Additional Property Information
Utilities
  • Heating Description: Central Individual A/C
  • Cooling Description: Central Individual A/C
Additional Property Information
  • Guest Accommodations: No
  • Num Units: 6
  • Tenant Pays: Interior Electric, Water
Financial Information
Financial Information
  • Flood Zone: X
Agent / Office Information
Listing Information
  • Sale Includes: Building & Land

Property History for 210 Northwest 16th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 210 Northwest 16th Street

Taxable ValueLand$236,250Additions$198,817Total$435,067
Tax Record2023$7,546 ($629 / month)
Home Facts
Total Finished SqFt3,856 SqFtAbove Grade Finished SqFt3,856 SqFtStories2Lot Size5,250 SqFtStyleMulti-Family Dwelling (2-4)Year Built1952Zoning6107:RESID-MECountyMIAMI-DADEAPN01-3136-021-0870

Schools near 210 Northwest 16th Street

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Phyllis Wheatley Elementary School
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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210 Northwest 16th Street is a multi-family home for sale in Miami, FL 33136. This property was listed for sale on May 15, 2024 by EXP Realty, LLC, it's currently listed at $2,800,000. It has been on the market for a total of 18 days and was last sold on November 16, 2010. This listing's school district is Miami-Dade. Nearby schools include Phyllis Wheatley Elementary School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 210 Northwest 16th Street is a 0-bed, 0-bath, multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC; EXP Realty LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.