- MLS® #: A11731229
- 1865 Nw 16th St
- Miami, FL 33125-2254
- $1,350,000
- 2,638 SqFt
- Income
Cash-Flowing Fourplex in Prime Miami Location!! Excellent opportunity for investors seeking stable cash flow with long-term upside in a rapidly improving area. Fully occupied and income-producing from day one. This well-maintained four-unit building features four identical 2-bed/1-bath apartments, each with its own electric meter for easy management. The property underwent a full renovation in 2018, including plumbing, electrical, roof, and interior upgrades. Zoned T-4 with redevelopment potential, Frontage on 12th Ave, Near Related Group’s Liberty Square Redevelopment! Please do not disturb tenants.
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Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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