See Home Value
$1,016,239*
Multifamily - Off Market

510 SW 16th Ave

Miami, FL 33135
bedrooms
Studio
bathrooms
0 Bath
square feet
1731 Sqft
$871,000 - $1,063,000
Reference Base Price*
5.09%
Since May 1, 2023
FL-Miami
Primary Model

About This Property

EXCELLENT INVESTMENT OPPORTUNITY. TRIPLEX. Cash-flowing multi-family... BEST LOCATION...!! Tourist destination. Excellent property for long-term leases, short term or Airbnb. Two Blocks to 8 St. Located in a Central Business District. Walking distance to bars, restaurants, galleries, cafes, shopping & nightlife, just minutes to Coconut Grove, Coral Gables, Brickell, Wynwood, Midtown, beautiful beaches and MIAMI International Airport.**SAVE MONEY - NO FLOOD ZONE**. 3 Units (510, 512 & 514) Each unit has an independent electric and water meter. NEW ROOF & plumbing (2021). New A/C to 2 units. No illegal additions. 5 parking spaces on the property and plenty of street parking. 2 units are being used as short-term rentals and 1 unit is rented month to month. Bring us your best offer!!

The manager has listed the unit size as 1731 square feet.
Unit Size
1,731Ft²
Days on Market
-
Land Size
-
Price per sqft
$559
Property Type
Multifamily
Property Taxes
$471
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Apr 10, 2023 No longer available -
No longer available
Dec 3, 2022 Relisted $967,000
Relisted
Sep 9, 2022 No longer available -
No longer available
Apr 26, 2022 Price Decreased $967,000
↓ $90K (8.5%)
Price Decreased
Apr 9, 2022 Listed $1,057,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
1,602 ft²
$624/ft²
$1,000,000 May 11, 2022
-
$476/mo
Triplex
Stu
-
2,622 ft²
$418/ft²
$1,095,000 Nov 15, 2022
-
$782/mo
Multifamily
Stu
-
2,150 ft²
$465/ft²
$999,000 Apr 12, 2023
-
$663/mo
Triplex
Stu
-
3,188 ft²
$281/ft²
$895,000 Feb 2, 2023
-
$875/mo
Multifamily
Stu
-
2,360 ft²
$328/ft²
$775,000 Apr 15, 2023
-
$888/mo
Multifamily
Stu
-
2,516 ft²
$322/ft²
$810,000 Aug 22, 2022
-
$551/mo
Multifamily
Stu
-
2,604 ft²
$376/ft²
$979,000 Feb 1, 2023
-
$644/mo
Multifamily
Stu
-
2,457 ft²
$342/ft²
$839,900 Apr 14, 2023
-
$795/mo
Triplex
Stu
-
3,441 ft²
$283/ft²
$975,000 Mar 3, 2023
-
$629/mo
Multifamily
Stu
-
3,035 ft²
$343/ft²
$1,040,000 Feb 1, 2023
-
$368/mo
Quadruplex
Stu
-
3,320 ft²
$274/ft²
$910,000 Feb 21, 2023
-
$1,043/mo
House
3 Beds
2 Baths
1,794 ft²
$521/ft²
$935,000 Apr 8, 2023
-
$647/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220409
04/09/2022
Studio
-
1731 ft²
$1,057,000
bedrooms
Studio
bathrooms
-
square feet
1731 ft²
-
-
-
Wallys Sueiro
Delphi Investment Realty

Building Info

510 Southwest 16th Avenue 510 Southwest 16th Avenue, Miami, FL 33135
More about this Building
510 Southwest 16th Avenue
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About Western Miami


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