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210 NW 16th St Miami, FL $ 2,800,000
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$ 2,800,000 Get more info
210 NW 16th St
$ 2,800,000
Back to search
Share Save

210 NW 16th St

Miami, FL, 33136
$ 2,800,000
Baths0.0 Sq 3,856

Monthly Estimate*

$ 18,610

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Studio

Commercial Property for sale in Miami, FL

for $2,800,000. This 3,856 square foot building was built in 1952 on a lot size of 0.120523.

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.

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Commercial Active

Price

$ 2,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,546

Style

MultiFamily

Lot Size

0.120523

Year Built

1952

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11589387
Features
General
Heating Central
Cooling CentralAir
Possession ClosingFunding
Security Features Fenced SmokeDetectors
Construction Materials Block
Year Built 1952
Tenant Pays Electricity Water
Property SubType MultiFamily
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description 6107
NumberOfUnitsTotal 6
MLS Area 31
Lot Size Units SquareFeet
Lot Size Square Feet 5250.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Listing Terms Cash Conventional
Property Attached Y/N N
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 7546.0
Home Warranty Y/N N
Ok to Lease Item36Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11589387
Days on Market 5
Standard Status Active
Occupancy Type CallAgent
Property Sub Type Additional MultiFamily
Legal Description ERICKSONS SUB PB B-88 LOT 2 BLK 7 LOT SIZE 50.000 X 105 OR 23919-2010 10 2005 1
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Interior
Flooring Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features OnStreet
Lot Size Area 5250.0
Number of Buildings 1
Spa N
Building Area Total 3856.0
Covered Spaces 0.0
Number of Separate Electric Meters 6
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 210
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* Excluded Features
List By
Exp Realty, Llc

Broker

Jovannysellsmiami@gmail.com

Email

Affordability Calculator

$19,239
Per Month
97%
3%
0%
Monthly Principal & Interest
$18,610
Monthly Property Taxes
$629
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/17/2024$2,800,000 Listed Price

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210 NW 16th St, Miami, FL, 33136 is a Commercial Property for sale at $2,800,000 with 3,856 sqft and a lot size of 0.120523. 210 NW 16th St is a studio with 0.0 baths and was built in 1952. The property's zip code is 33136 which is in Miami, FL

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