$1,250,000

625 SW 16th Ave Miami, FL 33135

Little Havana Neighborhood

Estimated payment $7,492/month

Total Views 1,384
-- Bed
-- Bath
1,881 Sq Ft
$665 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 4-minute walk to Domino Park
  • Tile Flooring
  • 1-Story Property

About This Home

Discover the untapped potential of this gem nestled in Little Havana, this ranch-style duplex, comprised of a 3 bed/2 bath, & 2 bed/1 bath offers gated parking. Fully renovated, site has a new roof from 2023, central A/C, impact windows, and renovations throughout the interior. No income in place, family owned at this time. It is a solid covered land play opportunity for developers or those looking to hold on land appreciation as we see the westward expansion of Downtown approaching. T4-L zoning here allows eligibility to tap in Florida's new Live Local legislation, thus it can be taken to extreme heights and density, with the municipal density maxed at 950 units per acre, and extensive tax benefits available.

Listing Agent

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982 Listed on: 06/01/2025

Co-Listing Agent

Elisa Barriga Alfaro

Fausto Commercial Realty Consultants Inc License #3462025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,816

Year Built

  • Built in 1946

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,881 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lawrence Estates Land Cos Condos
  • Lawrence Estates Land Cos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-02-006-5950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,816

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1946
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Ranch
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 786-748-7373
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LAWRENCE ESTATES LAND COS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1881
  • Stories: 1

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATES LAND COS
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-02-006-5950
  • Zoning: T4-L

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6816

Multi Family

  • Number Of Units In Community: 1

Map

Range of Values:

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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
2024 $6,491 $324,132 -- --
2023 $6,491 $303,830 $0 $0
2022 $5,771 $285,106 $0 $0
2021 $5,966 $282,977 $0 $0
2020 $5,575 $267,718 $200,000 $67,718
2019 $5,577 $267,831 $200,000 $67,831
2018 $4,854 $215,791 $200,000 $15,791
2017 $4,516 $168,930 $0 $0
2016 $4,112 $153,573 $0 $0
2015 $4,035 $140,070 $0 $0
2014 $3,746 $127,337 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 For Sale $1,250,000 -- $665 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $370,000 Gst Title & Trust Inc
Quit Claim Deed $18,100 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $351,037 FHA
Previous Owner $40,000 Credit Line Revolving
Previous Owner $25,023 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11814449

MIAMI REALTORS® MLS

APN: 01-4102-006-5950

Florida Miami/Dade County Miami 33135 Little Havana

625 SW 16th Ave, Miami, FL

This home is located at 625 SW 16th Ave, Miami, FL 33135 and is currently priced at $1,250,000, approximately $664 per square foot. This property was built in 1946. 625 SW 16th Ave is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Mauricio Villasuso
Listing Agent
Mauricio Villasuso
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Fausto Commercial Realty Consultants Inc
(305) 340-8901