221 16th Ave ,Ranch, Quadruplex, Lawrence Estate Land Co for Sale

221 16th Ave for Sale

Price $1,200,000.00

• Lot size 1890
• Year Build 1952
• Waterfront
• Zip 33125
• Style Ranch
• Parking Description
• Pool Yes
• Status Active

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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11662224 Residential financing allows for a great land banking strategy on this property. Live here and build your initial investment in this booming real estate market - Miami?s nationally recognized Little Havana neighborhood is known for its culturally- rich and colorful lifestyle.

LAWRENCE ESTATE LAND COS SUB PB 2-46 N50FT LOTS 11-12 BLK 54 LOT SIZE 50.000 X 100 OR 15993-3636 0793 1 COC 25563-4936 04 2007 1

Less Than 1/4 Acre Lot

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.

City:Miami,Zoning:T5-L,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:25.7756734,Cooling Y N:1,Heating Y N:1,List Price:1200000,Listing Id:A11662224,Longitude:-80.2211893,Mls Status:Active,Year Built:1952,Living Area:1890,Postal Code:33125,Street Name:16th Ave,Coordinates:1:25.7756734,Photos Count:28,Building Name:LAWRENCE ESTATE LAND CO,Days On Market:68,Listing Terms:1:Conventional,2:FHA,3:FHA-Va Approved,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Lawrence Estate Land Co,On Market Date:2024-09-19,Parcel Number:01-41-02-005-8220,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:221,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4681,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:LAWRENCE ESTATE LAND CO,Tax Annual Amount:10261,Unparsed Address:221 NW 16th Ave, Miami FL 33125,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:1890,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:634.9206,Original List Price:1200000,Public Survey Range:41,Documents Available:1:Other Available Information,2:Rent Rolls,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-09-19,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:221,Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 N50FT LOTS 11-12 BLK 54 LOT SIZE 50.000 X 100 OR 15993-3636 0793 1 COC 25563-4936 04 2007 1,Public Survey Township:41,Construction Materials:1:Other,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1846,M I A M I R E_ Internet Remarks:Visit Fausto Commercial for more investment opportunities.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-09-19,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:634.92,Internet Automated Valuation Display Y N:1,