635 16th Ave ,Quadruplex, Lawrence Estates Land Cos for Sale

635 16th Ave for Sale

Price $1,350,000.00

• Lot size 1800
• Year Build 1948
• Waterfront
• Zip 33135
• Style
• Parking Description
• Pool Yes
• Status Active

Description

This fourplex, located just steps from Calle Ocho in the heart of Little Havana, offers a unique investment opportunity. Calle Ocho, celebrated as a ?national treasure? by the National Trust for Historic Preservation, is renowned for its authentic Cuban restaurants, vibrant ventanitas (takeout windows), lively nightlife, famous bars, warm Cuban bakeries, and colorful street festivals. The property sits on a spacious 5,000 square foot lot and features a generous backyard. Each apartment has been recently renovated with new kitchens, bathrooms, flooring, and updated electrical and plumbing systems. The building also boasts a new pitched roof and impact windows throughout.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls= This property presents an attractive option for investors looking to own a valuable asset in a highly sought-after Miami location. It offers stability and potential for long-term growth. The setup is ideal for an investor who wishes to reside on-site while the rental income covers expenses, allowing the owner to benefit from both cash flow and property appreciation without traditional out-of-pocket costs associated with homeownership. The commercial zoning allows for short-term rentals.

LAWRENCE EST LAND COS SUB PB 2-46 N50FT LOTS 11 &12 BLK 102 LOT SIZE 5000 SQ FT OR 14079-1589 0489 4

Less Than 1/4 Acre Lot, Regular Lot

This fourplex, located just steps from Calle Ocho in the heart of Little Havana, offers a unique investment opportunity. Calle Ocho, celebrated as a ?national treasure? by the National Trust for Historic Preservation, is renowned for its authentic Cuban restaurants, vibrant ventanitas (takeout windows), lively nightlife, famous bars, warm Cuban bakeries, and colorful street festivals. The property sits on a spacious 5,000 square foot lot and features a generous backyard. Each apartment has been recently renovated with new kitchens, bathrooms, flooring, and updated electrical and plumbing systems. The building also boasts a new pitched roof and impact windows throughout.

City:Miami,Zoning:6101,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:25.7669421,Cooling Y N:1,List Price:1350000,Listing Id:A11662474,Longitude:-80.2209486,Mls Status:Active,Year Built:1948,Living Area:1800,Postal Code:33135,Street Name:16th Ave,Coordinates:1:25.7669421,Lot Features:1:Regular Lot,Photos Count:11,Building Name:LAWRENCE ESTATES LAND COS,Listing Terms:1:Exchange,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Lawrence Estates Land Cos,On Market Date:2024-09-19,Parcel Number:01-41-02-006-5960,Property Type:Residential Income,Rent Includes:1:Gas,2:Hot Water,3:Sewer,4:Trash Collection,5:Water,Stories Total:1,Street Number:635,M I A M I R E_ Style:Fourplex,Public Remarks:This fourplex, located just steps from Calle Ocho in the heart of Little Havana, offers a unique investment opportunity. Calle Ocho, celebrated as a ?national treasure? by the National Trust for Historic Preservation, is renowned for its authentic Cuban restaurants, vibrant ventanitas (takeout windows), lively nightlife, famous bars, warm Cuban bakeries, and colorful street festivals. The property sits on a spacious 5,000 square foot lot and features a generous backyard. Each apartment has been recently renovated with new kitchens, bathrooms, flooring, and updated electrical and plumbing systems. The building also boasts a new pitched roof and impact windows throughout.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:STL Advisors, LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3788,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:LAWRENCE ESTATES LAND COS,Tax Annual Amount:15342,Unparsed Address:635 SW 16th Ave, Miami FL 33135,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:1800,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:750,Original List Price:1350000,Public Survey Range:41,I D X Participation Y N:1,Net Operating Income:74600,Number Of Units Total:4,Syndication Remarks:This fourplex, located just steps from Calle Ocho in the heart of Little Havana, offers a unique investment opportunity. Calle Ocho, celebrated as a ?national treasure? by the National Trust for Historic Preservation, is renowned for its authentic Cuban restaurants, vibrant ventanitas (takeout windows), lively nightlife, famous bars, warm Cuban bakeries, and colorful street festivals. The property sits on a spacious 5,000 square foot lot and features a generous backyard. Each apartment has been recently renovated with new kitchens, bathrooms, flooring, and updated electrical and plumbing systems. The building also boasts a new pitched roof and impact windows throughout.,Listing Contract Date:2024-09-19,Originating System I D:miamire,Public Survey Section:1,Showing Instructions:Call Listing Agent,Street Number Numeric:635,Tax Legal Description:LAWRENCE EST LAND COS SUB PB 2-46 N50FT LOTS 11 &12 BLK 102 LOT SIZE 5000 SQ FT OR 14079-1589 0489 4,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1800,M I A M I R E_ Internet Remarks:Renovated Little Havana 4-Unit Multifamily,Contract Status Change Date:2024-09-19,Internet Address Display Y N:1,Number Of Units In Community:4,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:750,