221 NW 16th Ave Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33125
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,890 sqft
Price per Sqft $634
Subdivision Lawrence Estate Land Co
MLS Listing ID A11662224
Style Fourplex
Year Built 1952
Annual Tax Amount $10,261
Tax Year 2024
Property 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. 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.
Location
State FL
County Miami-dade
Community Lawrence Estate Land Co
Area 41
Interior
Heating Other
Cooling Central Air
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Structure Type Brick,Block,Other
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan