210 Northwest 16th Street
$2,800,000
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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...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.
- Listed by Jovanny Valdez • EXP Realty, LLC
- Listed by William Dowda II • EXP Realty LLC
Property Details for 210 Northwest 16th Street
Waterfront
No
Area31
AuctionNo
Year Built DescriptionResale
LISTING UPDATED: 05/20/2024 03:07 PM
Property Details for 210 Northwest 16th Street
Status | Active |
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MLS # | A11589387 |
Days on Market | 185 |
Taxes | $7,546 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1952 |
Lot Size | 0.12 AC / 5,250 SF |
County | Miami-Dade County |
Building Information for 210 Northwest 16th Street
Stories-Residences-Year Built1952Building Size-Lot Size0.12 AC / 5,250 SF
Property Information for 210 Northwest 16th Street
Property History for 210 Northwest 16th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 County Public Schools.
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 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
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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