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Corner Duplex Income Property
For Sale
Contact for pricing
Pending

1796 NW 16th St, Miami, FL 33125

Corner duplex currently operating as two legal units with long-term tenants on month-to-month leases.

Property SizeContact for details
Days on Market143

Property Features for 1796 NW 16th St

General Information

Standard status Pending
Property subtype Land, Multifamily
Zoning T3-O

Additional Details

Multifamily Units 2
Listing Agency: Floridian First Realty Corp
Listed By: Michelle Gonzalez · License #0649239
Source: Crexi
Added: Apr 11 Changed: Aug 24 Last Checked: Aug 29 at 5:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Floridian First Realty Corp

Investment Insights

Based on property information with market context.

This corner duplex is legally zoned and operating as a two-unit, two-structure residential income property. The property is currently occupied by long-term tenants on month-to-month leases.

Additional redevelopment and expansion may be possible given the referenced T3-O Miami 21 zoning.

As presented, the offering provides an existing two-unit income setup while allowing the new owner to consider future reconfiguration or adding an additional unit under the zoning parameters noted.

Key Highlights

  • Corner duplex currently operating as two legal units (two unit, two structure property).
  • Legally zoned and operating as a two‑unit income producing property.
  • Occupied with long‑term tenants on month‑to‑month leases.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Veterinary Clinic Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,441
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Corner duplex currently operating as two legal units with long-term tenants on month-to-month leases.
Where is this duplex located?
The property is located at 1796 NW 16th St Miami, FL.
What are key features of this property?
This property features: Corner duplex currently operating as two legal units (two unit, two structure property).; Legally zoned and operating as a two‑unit income producing property.; Occupied with long‑term tenants on month‑to‑month leases.
(305) 582-4352 Call to check price and availability
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