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Property profile & analytics
OFF-MARKET
Small apartment buildings

190 16Th St Miami, FL 33136

6,114 SF Built 1950
Property ID
US18-1526696
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1950
Total area 6,114 SF
UPID US18-1526696
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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