210 NW 16th St, Miami, 33136

  • $2,800,000

Listing UP for Sale

Miami

Overview

Property ID: A11589387
  • 5250
  • Lot sqft
  • 1952
  • Year Built

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.

  • Address 210 NW 16th St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33136
  • Area Miami-dade County

Details

Updated on May 21, 2024 at 10:53 am
  • Property ID: A11589387
  • Price: $2,800,000
  • Land Area: 5250 sqft
  • Year Built: 1952
  • Property Status: Listing UP for Sale

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Jovanny Valdez
  • Jovanny Valdez