221 NW 16th Ave | Miami, FL 33125
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- LoopNet Team
221 NW 16th Ave
Miami, FL 33125
Multifamily Property For Sale
·
4 Units
Investment Highlights
- The property is a short driving distance of the Magic City Innovation District located in the MiMo District
- The $1 billion project will be developed in multiple phases over several years with the beginning focused on repurposing existing dilapidated factory
- The 15 acre development will attract technology companies and retailers.
- 170,000 SF of industrial space would be converted to commercial and retail use, with plans for an office tower, amphitheater and apartment
Property Facts
| No. Units | 4 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 2,097 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1952 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Zoning | 6107 - General Commercial | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,097 SF |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 1.91/1,000 SF |
| Zoning | 6107 - General Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 2 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 01-4102-005-8220 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $454,549 |
Property Taxes
Parcel Number
01-4102-005-8220
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$454,549
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