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    212 NW 15Th St Miami, FL 33136

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    For Sale
    $1,500,000

    Renovated 6-unit multifamily building in the heart of Overtown.

    Lot size:
    0.12 Acres

    Property Features for 212 NW 15Th St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1954

    Source: Jade International Realty LLC Agent Carla Martinez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Overtown Multifamily Investment Opportunity

    Located in the heart of Overtown, this multifamily building presents an investment opportunity. The two-story building features six units, with three units on each floor. The building has undergone renovations, all permitted with the City of Miami. Each unit is cosmetically identical and includes two new wall unit A/Cs, one in the living room and another in the bedroom, new kitchen cabinets, new flooring throughout, impact windows and doors, and renovated bathrooms. Exterior railings are new, and smoke detectors are installed in each unit. The owner is in the process of obtaining a permit for a fence. The building has 7 FPL meters (one per unit and one House Meter) and 6 water meters, with tenants responsible for their own utilities. The 40-year recertification has been completed. There is no laundry in the building.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.199051
    Latitude
    25.789338

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    FAQs

    What type of property is this?
    Apartment building - Renovated 6-unit multifamily building in the heart of Overtown.
    Where is this apartment building located?
    The property is located at 212 NW 15Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Fully renovated 6-unit multifamily building with permits from the City of Miami.; - Impact windows and doors throughout the building.; - 40-Year Recertification completed.
    (786) 999-9692
    Request Owner's contact information
    212 NW 15Th St Miami, FL 33136
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    Miami, FL 33136
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    212 NW 15Th St Miami, FL 33136
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