Overview
Closing Costs Calculator- Status: Closed
- Parking No info
- Size: 5,453 ft2/506.60 m2
- Price Per: $366.77 ft2/$3,947.89 m2
- Type: Multifamily
- Built: 1964
- HOA: No info
- MLS Number: A11540197
- View No info
- On Site: 84 days
- Updated: 1 Days Ago
- Page Views: 2
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.
Contact AdvisorPrice History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 04/30/2024 | Sold | $1,850,000.00 | 7.5% | $339.26 ft2/$3,651.80 m2 |
| 02/26/2024 | Listed | $2,000,000.00 | $366.77 ft2/$3,947.89 m2 |
Features
Property Details for 220 NW 16th Ter, Miami, FL 33136
Multifamily current status is Closed, 220 NW 16th Ter is a Multifamily in , Miami, FL 33136 with property MLS ID# A11540197.
This Multifamily has been listed on Best of Luxury Realty since February 27, 2024 and is currently priced at 2,000,000. This property was built in 1964.
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Electric
- Cooling Description: No info
- Building and Construction
- Floor Description: Concrete, Other
- Windows/Treatment: No info
- Construction Type: Block
- Year Built: 1964
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: No info
- Subdivision Name: ERICKSONS SUB
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 02/26/2024
- Closing Date: 04/30/2024
- Directions: Just 5 mins from I-95 North and South Bound Exits and Entry. 5 mins North from the MIAMI HEAT ARENA, BAYSIDE AND SOUTH BEACH, AND THE NEW HAPPENINGS IN WYNWOOD. EXCLUSIVE LANDMARKS NEAR
- Area: 31
- Brokered By: Elite Realty Partners, Inc.
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $11,510.00 (2022)
Nearest Schools
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Area Specialist
Buyer/Tenant EtiquetteAdbutler placeholder
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
This property is courtesy of the Elite Realty Partners, Inc.. This listing has been viewed 2 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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