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$10,000 Closing Credit¹
Alexandru Celea, Listing Office: LoKation
$10,000
closing credit¹
221 NW 16th Ave Miami, FL 33125
$1,200,000 List price
$10,000
Closing credit¹
1,890 sqft
$635 / sqft
Multi-Family
Property details
About 221 NW 16th Ave
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.
Highlights
Home typeQuadruplex
HeatingOther
StatusActive
CoolingCentral Air
Size1,890 sqft
Year built1952
MLS #A11662224
Virtual tour
Summary
- MLS Number: A11662224
- MLS Name: SEFMIAMI
- Office Name: Fausto Commercial Realty Consultants Inc
- Office Phone: (305) 431-2258
- Office Email: cfm@faustocommercial.com
- Listing Agent: Mauricio Villasuso
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,200,000
221 NW 16th Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $527,799 | $9,978 |
| 2022 | $402,799 | $8,560 |
| 2021 | $340,218 | $8,973 |
| 2020 | $340,218 | $8,333 |
| 2018 | $233,732 | $6,936 |
| 2017 | $261,117 | $6,361 |
History based on county public records data.
Nearby schools
3
Riverside Elementary School
Public District PK-5
0.6 mi
•1190 SW 2nd St
3
Alpha Charter of Excellence
Public Charter KG-5
0.6 mi
•1217 SW 4th St
4
Citrus Grove Elementary School
Public District PK-5
0.6 mi
•2121 NW 5th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $16,345. The majority of Miami, FL residents have income less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
79%
<35k
21%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
60%
Single, No Kids
18%
Single, with Kids
12%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
5%
12-17 yrs old
23%
18-34 yrs old
45%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 221 NW 16th Ave in Miami, FL and zip code 33125 in the Little Havana neighborhood. This 1,890 square foot home was built in 1952. Features: 0 bathroom. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $1,200,000.
While more than 42 listings in Miami, FL in December 2024 were sold above asking price, there were more than 95 listings sold at asking price, and more than 562 were sold below. The number of listings in Miami, FL increased by 6.9% between November and December 2024. While the average time on the market in December 2024 was 68 days, the median list price was $570,654.
From Rocket Homes Real Estate and based on county public records data.