1919 NW 16th Terrace Miami, FL 33125
Allapattah NeighborhoodEstimated payment $4,267/month
Highlights
- No HOA
- Patio
- Central Heating and Cooling System
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 8,600sq ft, and when combined with the additional 13,216 sq ft, the possibilities for expansion are endless. Take advantage of Miami's favorable development policies, as the city is open to rezone a multi-family construction, allowing up to 5 stories to this site to maximize its potential.
IMPORTANT: Combination of two properties, including 1640 NW 19th Ave, Miami, FL 33125 A11762935
Please note, all information should be verified for accuracy by the buyer's agent or seller. This is a rare opportunity to capitalize on the growing demand for multi-family developments in Miami. Appraisal from 2023 attached
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,532
Year Built
- Built in 1954
Parking
- 1 Parking Space
Home Design
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,179 Sq Ft Home
- 2-Story Property
Additional Features
- Patio
- Property is zoned 5700
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Riversedge Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-34-024-0180
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,533 | $406,726 | -- | -- |
2024 | $8,098 | $369,751 | -- | -- |
2023 | $8,098 | $336,138 | $0 | $0 |
2022 | $7,293 | $305,580 | $0 | $0 |
2021 | $6,786 | $277,800 | $0 | $0 |
2020 | $6,176 | $311,012 | $167,700 | $143,312 |
2019 | $5,856 | $310,062 | $150,500 | $159,562 |
2018 | $5,434 | $310,062 | $150,500 | $159,562 |
2017 | $4,694 | $189,743 | $0 | $0 |
2016 | $4,431 | $172,494 | $0 | $0 |
2015 | $4,108 | $156,813 | $0 | $0 |
2014 | $3,613 | $142,558 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/10/2025 09/10/25 | Price Changed | $667,400 | -0.4% | $306 / Sq Ft |
03/13/2025 03/13/25 | For Sale | $669,900 | -- | $307 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Accommodation |
Source: MIAMI REALTORS® MLS
MLS Number: A11762868

APN: 01-3134-024-0180
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