We are pleased to present a Great Opportunity for Investors with this 10-unit Multi Family Apartment Building. This property consist s of 10 one-bedroom/ one-bathroom units totaling 5,453 rentable sq feet and a total of 10,500 sq ft lot. Property built in 1937, Owned by current owner for 25 years. Roof repaired in 2018. This is a perfect opportunity for investors who are looking to renovate and stand out with other property within this new “Wynwood Like” community. Property is being sold AS-IS and offered at 2,500,000. This property is a true treasure, just 5 mins from MIDTOWN and FASHION DISTRICT. After renovation and marketing units at market price there will be a great increase in yearly income.
Sold for $1,850,000
$1,850,000
220 NW 16th Ter, Miami, FL 33136
4beds
4baths
5,453sqft
Quadruplex
Built in 1964
-- sqft lot
$2,146,600 Zestimate®
$339/sqft
$2,975 Estimated rent
Home value
$2,146,600
$1.85M - $2.51M
$2,975/mo
Zestimate® history
Owner options
List your home for rent
$2,975/mo
Rent Zestimate®
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$2,975/mo
Rent Zestimate®
Refinance and save
$10,658/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$10,658/mo
Est. payment
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Fashion district
Zillow last checked:
Listing updated:
Listed by:
Ayesha Malik 305-764-5286,
Elite Realty Partners, Inc.
Bought with:
Jermaine Reve
RENAISSANCE R.E. ASSOCIATES
Source: MIAMI,MLS#: A11540197
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Electric
Cooling
- Electric
Features
- Flooring: Concrete, Other
Interior area
- Total structure area: 5,453
- Total interior livable area: 5,453 sqft
Property
Parking
- Total spaces: 6
Features
- Stories: 2
Lot
- Features: 1/2 To Less Than 3/4 Acre Lot
Details
- Parcel number: 0131360211670
- Zoning: 6107
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Concrete
Condition
- Year built: 1964
Details
- Builder model: Overtown
Utilities & green energy
- Sewer: Other
Community & neighborhood
Location
- Region: Miami
- Subdivision: Ericksons Sub
Other
Other facts
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2024 | Sold | $1,850,000-7.5%$339/sqft |
Source:  MIAMI #A11540197 Report a problem | ||
| 2/27/2024 | Pending sale | $2,000,000$367/sqft |
Source: MIAMI #A11540197 Report a problem | ||
| 2/27/2024 | Listed for sale | $2,000,000$367/sqft |
Source: MIAMI #A11540197 Report a problem | ||
| 7/11/2023 | Listing removed | -- |
Source: MIAMI #A11234113 Report a problem | ||
| 3/13/2023 | Listed for sale | $2,000,000-20%$367/sqft |
Source: MIAMI #A11234113 Report a problem | ||
| 12/6/2022 | Listing removed | -- |
Source: MIAMI #A11234113 Report a problem | ||
| 12/6/2022 | Price change | $2,500,000+19%$458/sqft |
Source: MIAMI #A11234113 Report a problem | ||
| 9/22/2022 | Price change | $2,100,000-16%$385/sqft |
Source: MIAMI #A11234113 Report a problem | ||
| 9/16/2022 | Listed for sale | $2,500,000$458/sqft |
Source: MIAMI #A11234113 Report a problem | ||
| 8/9/2022 | Contingent | $2,500,000$458/sqft |
Source: MIAMI #A11234113 Report a problem | ||
| 7/7/2022 | Listed for sale | $2,500,000$458/sqft |
Source: MIAMI #A11234113 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Overtown
Nearby schools
GreatSchools rating
- 2/10Phyllis Wheatley Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 0.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,146,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,146,600
- Florida
- Miami-Dade County
- Miami
- 33136
- Overtown
- 220 NW 16th Ter
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Nearby neighborhoods
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