210 NW 16th St, Miami FL 33136
Income/MultiFamily in Miami
$2,800,000
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$2,800,000
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Income/MultiFamily, Commercial Sale
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.
This income/multifamily home located at 210 NW 16th St, Miami FL 33136 is currently for sale and has been available on Brickellsold for 48 days. This property is listed at $3M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1952. 210 NW 16th St, Miami FL 33136 is in Miami county Miami-Dade County.