FL > Miami > Lawrence Estate Land Co
Miami, FL 33125,221 NW 16th Ave
Miami, FL 33125,221 NW 16th Ave
Miami, FL 33125,221 NW 16th Ave
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$1,200,000
Est. payment /mo
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1,890 SqFt
Active

221 NW 16th Ave Miami, FL 33125

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Cher Varghese

Cher Varghese

+1(954) 643-3601

UPDATED:

11/26/2024 07:42 PM

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

Construction Status Resale

HOA Y/N No

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

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Brick,Block,Other

Construction Status Resale

Others

Tax ID 01-41-02-005-8220

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Fausto Commercial Realty Consultants Inc

Learn More About LPT Realty

Cher Varghese

Agent | License ID: 3292935

+1(954) 643-3601

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221 NW 16th Ave