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6-Unit Apartment Building
For Sale
$2,800,000

210 Northwest 16th Street, Miami, FL 33136

T5-L zoning and separately metered units support flexible multifamily operations near central Miami destinations.

Property Size3,856 SF
Price / SF$726.14
Days on Market1680

Property Features for 210 Northwest 16th Street

General Information

Standard status Active
Size 3,856 SF
Property subtype Commercial/Industrial / Income/Multi Family
Zoning T5-L

Units

Unit Mix 2 x 1/1, 4 x 2/1
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $7,546

Building Details

Year Built 1952
Listing Agency: EXP Realty, LLC
Listed By: Jovanny Valdez · License #3540549
Source: Compass
Added: Jan 29, 2022 Changed: Sep 3 Last Checked: Sep 4 at 4:44PM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This 6-unit apartment property in Miami’s Overtown area was built in 1952 and contains 3,856 square feet. The unit mix includes two one-bedroom, one-bath residences and four two-bedroom, one-bath residences. Several units feature open rooms that may accommodate future reconfiguration, subject to applicable requirements. Individual water and electric meters serve each unit.

The property carries T5-L zoning, which the source identifies as allowing Airbnb licensure and short-term rental use. It is located at 210 Northwest 16th Street, less than 10 minutes from Downtown Miami and the Wynwood area. The Signature Bridge and Underdeck project is underway nearby, bringing continued project activity to the surrounding area.

Key Highlights

  • Six‑unit multifamily property with 3,856 square feet
  • Unit mix includes 2x 1/1 and 4x 2/1 residences
  • T5‑L zoning identified as allowing Airbnb licensure and short‑term rental use

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Acupuncture Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,803
Businesses Nearby

Demographics for 33136, FL

15,439
Population
7,994
Households
1.9
Avg Household Size
36
Median Age
25%
College-Educated
73%
High-School Grad
1.4 sq mi
ZIP Area
11,028
Density / Sq Mi
$43,481
Median Household Income
$34,130
Median Earnings
$1,337
Median Rent
$352,700
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?
Apartment building - T5-L zoning and separately metered units support flexible multifamily operations near central Miami destinations.
Where is this apartment building located?
The property is located at 210 Northwest 16th Street Miami, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Six‑unit multifamily property with 3,856 square feet; Unit mix includes 2x 1/1 and 4x 2/1 residences; T5‑L zoning identified as allowing Airbnb licensure and short‑term rental use
More about this property
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