request_info_guest false

Miami, FL

$2,700,000

Miami, FL 33136

Active
Last Updated: 11/22/2024

118,500

NOI

6,114 sqft

Building Size

Details:
NOI:    $118,500
Building Size:    6,114 sqft
Year Built:    1950
Highlights:
  • Gross Income: 187500
  • Cooling: Central Building A/C, Central Individual A/C
  • Heating: Central Electric, Central Individual A/C
Description:

Prime investment opportunity in the heart of Overtown at 190 NW 16th St, Miami, FL 33136! This fully renovated 10-unit apartment building, featuring all 1-bedroom units, is perfect for investors seeking a turnkey property in a thriving area. Originally constructed in 1950, the building was completely gutted and rebuilt just 4 years ago, offering modern systems, finishes, and compliance. Located minutes from Wynwood, Downtown Miami, and major transit hubs, this property sits in a rapidly growing neighborhood with strong rental demand. Each unit is thoughtfully designed with contemporary features for comfort and functionality. Low-maintenance and highly desirable, this property is a rare find in one of Miami’s most dynamic communities. Don’t miss out!

Map:
Location
Gallery