221 Northwest 16th Avenue

Miami, FL 33125

$1,200,000
Price
Beds
1,890 Sq. Ft.
$635 / Sq. Ft.
1,890
Sq. Ft.
$635
per Sq. Ft.

Description

Exceptional property in Little Havana with immediate access to the 836 HWY, I-95 and Brickell. 1950s, four unit apartment building on a 5,000 SF lot zoned T5-L which allows short-term rentals. Apartments are 4: 1 Bedroom, 1 bath with identical floor plans. Within 5 minutes of Brickell and Downtown, and immediately across the Loan Depot Marlins Park. This is an exceptional covered land play for savvy investors and future developers who are looking at getting their foot into this dynamic submarket....Exceptional property in Little Havana with immediate access to the 836 HWY, I-95 and Brickell. 1950s, four unit apartment building on a 5,000 SF lot zoned T5-L which allows short-term rentals. Apartments are 4: 1 Bedroom, 1 bath with identical floor plans. Within 5 minutes of Brickell and Downtown, and immediately across the Loan Depot Marlins Park. This is an exceptional covered land play for savvy investors and future developers who are looking at getting their foot into this dynamic submarket. Given its small size it has the great benefit of being exempt from 40 yr certification requirements - a no hassle easy building to operate for owners. Central to key employment centers of Miami. Walkable to Calle echo and the arts and entertainment hub of the neighborhood.
  1. Listed by Mauricio Villasuso • Fausto Commercial Realty Consultants Inc
  2. Listed by Christopher Carbonell • Fausto Commercial Realty Consultants Inc

Property Details for 221 Northwest 16th Avenue

Subdivision
LAWRENCE ESTATE LAND CO
Style
Fourplex
Waterfront
No
Area
41
Auction
No
Num Stories
1
Sq Ft Total
1890
Sq Ft Liv Area
1890.0
LISTING UPDATED: 11/26/2024 02:41 PM

Property Details for 221 Northwest 16th Avenue

StatusActive
MLS #A11662224
Days on Market97
Taxes$10,261 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1952
Lot Size-
CountyMiami-Dade County

Building Information for 221 Northwest 16th Avenue

Stories-Residences-Year Built1952Building Size-Lot Size-

Property Information for 221 Northwest 16th Avenue

Location Information
Location Information
  • Parcel Number Free Text: 01-41-02-005-8220
  • Parcel Number MLX: 8220
  • MLS Area: 41
  • Municipal Code: 1
  • Township Range: 41
  • Section: 2
  • Subdivision Number: 5
  • Subdivision Complex Bldg: LAWRENCE ESTATE LAND CO
  • Unit Count: 1
  • Zoning Information: T5-L
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Ranch
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Concrete Block With Brick, Other Construction
  • Construction Type: Concrete Block With Brick, Other Construction
  • Roof Description: Shingle Roof
  • Flooring: Other Floors
  • Floor Description: Other Floors
Additional Property Information
Utilities
  • Heating Description: Other
  • Cooling Description: Central Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: None
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2024
  • Tax Information: Tax Reflects City & County Tax
  • Information Available: Investment Analysis, Other Available Information, Rent Rolls

Property History for 221 Northwest 16th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 221 Northwest 16th Avenue

Taxable ValueLand$425,000Additions$102,799Total$527,799
Tax Record2023$9,979 ($832 / month)
Home Facts
Total Finished SqFt1,890 SqFtAbove Grade Finished SqFt1,890 SqFtStories1Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1952Zoning6107:RESID-MECountyMIAMI-DADEAPN01-4102-005-8220

Schools near 221 Northwest 16th Avenue

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
Citrus Grove Elementary School
PublicPK to 5

Citrus Grove 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

221 Northwest 16th Avenue is a multi-family home for sale in Miami, FL 33125. This property was listed for sale on September 19, 2024 by Fausto Commercial Realty Consultants Inc, it's currently listed at $1,200,000. It has been on the market for a total of 97 days and was last sold on July 2, 2013. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Citrus Grove Elementary School, Air Base K-8 Center for International Education and Citrus Grove Middle School. 221 Northwest 16th Avenue is a 0-bed, 0-bath, 1,890 sqft 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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fausto Commercial Realty Consultants Inc

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.