FOR SALE

210 16th St

Miami-Dade County, Miami, FL

Asking

$2,800,000

BTC

51.855

ETH

1,234.83

Year Built
1952
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.

LOADING

Market Area

Miami-Dade County

Agents

Jovanny Valdez

+1 310 910 1722

William Dowda II

+1 310 910 1722

Contact Email

[email protected]