
226 NW 16th Ave Miami, FL 33125
Little Havana NeighborhoodEstimated payment $4,211/month
About This Home
INVESTOR ALERT! This 5-bed, 3-bath multifamily property consists of two detached units — one featuring 3 bedrooms and 2 bathrooms, and the other offering 2 bedrooms and 1 bathroom. Zoned Multifamily (2–9 Units), structures are currently in tear-down condition, structurally salvageable, and an ideal opportunity for new multi-unit development or renovation. In the heart of West Little Havana, minutes from Downtown Miami, Brickell, Wynwood, and the Miami River District, and a high-demand rental area with excellent connectivity via I-95, SR 836, and nearby public transit. Surrounded by cultural landmarks, restaurants, and key employment centers—and only a short drive to Miami International Airport—this is a rare chance to invest in one of Miami’s most promising and evolving neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,390
Year Built
- Built in 1929
Parking
- 3 Parking Spaces
Home Design
- Triplex
Interior Spaces
- 2,637 Sq Ft Home
- 3-Story Property
Utilities
- Cooling Available
- Heating Available
Community Details
- Property has a Home Owners Association
- 2 Units
- Lawrence Estate Land Co Condos
- Lawrence Estate Land Co Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-41-02-005-8350
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/26/2025 05/26/25 | For Sale | $599,900 | -- | $227 / Sq Ft |
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Source: MIAMI REALTORS® MLS
MLS Number: A11809799

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