210 NW 16th St

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$2,800,000

210 NW 16th St

3,856 Sq.Ft.

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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.

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Location

210 NW 16th St, Miami, FL 33136

Status

For Sale

Chris Dowda

TITLE

Broker Associate | Team Lead

PHONE

(786) 442-1854

[email protected]

CONTACT AGENT

Property Amenities

Interior

Flooring Tile

Area & Lot

Lot Area 5,250 Sq.Ft.

Living area 3,856 Sq.Ft.

MLS® ID A11589387

Year Built 1952

Type Commercial

Status For Sale

Exterior

Air conditioning Central Individual A/C

Heat type Central Individual A/C

Security Features Smoke Alarm, Smoke Detector(s), Security Fence

Parking On Street

Finance

Sales Price $2,800,000

Real Estate Tax $7,546 yearly

"The property is less than 10 minutes away from vibrant Downtown Miami, and the artistic Wynwood area."

— The Dowda Group

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Leave a Message

Thank you for your message. We will be in touch with you shortly.

$2,800,000

210 NW 16th St

Description

Share Property

Location

Status

Chris Dowda

Property Amenities

Interior

Area & Lot

Exterior

Finance

"The property is less than 10 minutes away from vibrant Downtown Miami, and the artistic Wynwood area."

360 Virtual Tour

Take a tour of this property

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Similar Listings

$530,000

$235,000

$2,350/mo

Miami

Work With Us

Get in Touch

Contact Details