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Residential Income
$1,250,000
625 SW 16th Ave Miami, FL

A11814449

283 of 524 for Sale
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an agent
  • Listed On:

    Jun 2, 2025
  • Days on Market:

    187
  • Year:

    1946
  • Taxes:

    $6,816 per year
  • Floor Description:

    Tile
  • Occupancy:

  • Zoning:

  • Parking:

625 SW 16th Ave Miami, FL 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.

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For Sale Details

  • Floor Description

    Tile

  • Heating Description

    Central, Other

  • Photo Count

    56

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    1946

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