$977,500
$3K PRICE DROP

Estimated payment $6,335/month

Total Views 2,890
-- Bed
-- Bath
2,600 Sq Ft
$376 Price per Sq Ft

About This Home

Exceptional Investment Opportunity for Investors!
This property offers tremendous potential for those looking for a long-term investment in a rapidly developing area. The lot spans 8,600 sq ft, and when combined with the additional 13,216 sq ft, the possibilities for expansion are endless. Take advantage for multi-family construction, allowing up to 5 stories maximizing its potential.
IMPORTANT: Is a combination of two properties, including 1919 NW 16th Terr. Miami Fl. 33125 A11762868
Please note, all information should be verified for accuracy by the buyer's agent or seller. Rare opportunity to capitalize on the growing demand for multi-family developments in Miami. Don’t miss out on this prime investment! All units Tenant occupied without contract. Appraisal from 2023 attached

Listing Agent

Luis Jimenez

United Realty Group Inc License #3303493 Listed on: 03/13/2025

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,077

Year Built

  • Built in 1946

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Riversedge Condos
  • Riversedge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-34-024-0020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,077

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1946
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: RIVERSEDGE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 2600
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVERSEDGE

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-34-024-0020
  • Zoning: 5700

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14077

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,077 $694,100 -- --
2024 $12,567 $660,013 -- --
2023 $12,567 $600,012 $0 $0
2022 $11,354 $545,466 $0 $0
2021 $10,505 $494,455 $317,184 $177,271
2020 $7,346 $434,983 $257,712 $177,271
2019 $6,787 $408,551 $231,280 $177,271
2018 $6,146 $390,213 $231,280 $158,933
2017 $5,311 $225,087 $0 $0
2016 $4,955 $204,625 $0 $0
2015 $4,523 $186,023 $0 $0
2014 $3,864 $169,112 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Price Changed $977,500 -0.3% $376 / Sq Ft
03/13/2025 03/13/25 For Sale $980,000 -- $377 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11762935

MIAMI REALTORS® MLS

APN: 01-3134-024-0020