Lawrence Estates Land, 221 NW 16th Ave Miami, FL, 33125

$1,200,000Price
1,890SqFt

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Size: 1,890 ft2 / 176 m2
Price: $635 ft2 / $6,834 m2
Built: 1952
MLS Number: A11662224
On Site: 87 Days
Updated: 25 Days ago
Page Views: 0
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.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Price History
09/25/2024

Date

Listed

Event

$1.2M

Price

$635 ft2 / $6,834 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Mauricio VillasusoFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

Instant Comparative Market Analysis
$100/ft²
$200/ft²
$500/ft²
$800/ft²

Unit 221 NW 16th Ave – Asking

$635/ft²

(+72%) from Closed Medium $/ft²

Closed Medium $/ft²

$370/ft²
Community $/Price Range (Closed) $100/ft² – $554/ft²
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