For Sale
210 16th St, Miami, Florida 33136
$2,800,000
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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Details
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Property Type: Commercial
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Property SubType: Multi Family
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Listing Type: For Sale
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Listing ID: A11589387
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Price: $2,800,000
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View: Intercoastal,ocean,pool
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Bedrooms: 0
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Bathrooms: 0
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Half Bathrooms: 0
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Square Footage: 0 Sqft
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Year Built: 1952
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Status: Active
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Original Property Type: Commercial Sale
Features
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Heating System : Central
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Cooling System : Central Air
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Flooring : Tile
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Parking : On Street
Location
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Country US
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State FL
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County Miami-Dade County
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City Miami
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Zipcode 33136
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Neighborhood: Miami
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Street: 16th St
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Street Number: 210
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Floor Number: 0
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Longitude: E0° 0' 0''
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Latitude: N0° 0' 0''
Additional Info
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UnBranded Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11589387
