190 16Th St Miami, FL 33136
This exceptional 10-unit apartment building presents a compelling investment opportunity in the vibrant heart of Miami, Florida. Located at 190 NW 16th St, Miami, FL 33136, this property boasts a total of 6,114 square feet and is situated on a two-story building constructed in 1950. The property is currently offered at an attractive asking price of $2,700,000. Each of the ten units has undergone a complete renovation, ensuring modern comfort and appeal to tenants. This translates to strong rental income potential, making this a highly desirable asset for discerning investors. The property's central Miami location provides easy access to a variety of amenities, transportation options, and a thriving rental market. This fully renovated multifamily property in Miami-Dade County represents a rare chance to acquire a turnkey investment with significant upside potential. The property's solid construction and updated units promise long-term stability and consistent returns. This is an ideal opportunity for investors seeking a well-maintained, high-performing asset in a dynamic urban setting. Don't miss this chance to secure a piece of Miami's thriving real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.