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$990,000
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Property Description
Prime Little Havana Investment Opportunity! Income-producing fourplex ideally located just one block from loanDepot Park in the heart of Miami. Zoned T5-L (Urban Center), the property offers an excellent combination of existing rental income and future potential. Centrally located with convenient access to Calle Ocho, Downtown Miami, Brickell, SR-836, I-95, and major employment, entertainment, and transportation hubs. A compelling opportunity for investors seeking a multifamily property in a highly connected Miami location.
Full Property Details
Full Property Details for 221 NW 16th Ave
General
- Price: $990,000
- Taxes: $11,634 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A12095922
- Updated: 9/30/2026
- Added to Site: 10 day(s) ago
Rental Information
- Rent Includes: None
Interior
- Flooring: Other
Parking
- Total Spaces: 4
Location
- Area: Lawrence Estate Land Co
- County: Miami-Dade County
- Subdivision: LAWRENCE ESTATE LAND CO
- Building Name: LAWRENCE ESTATE LAND CO
Community
- Community Name: Lawrence Estate Land Co
- Units Assoc/Comm: 1
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Attached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1890
- Square Feet: 1,890
- Living Area: 1,890 Sq. Ft.
- Year Built: 1952
Unit Information
- Units in Complex: 1
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 6107
Financial Considerations
- Price Per Sq. Ft.: $523.81
- Tax Amount: $11,634
- Tax Year: 2025
- Terms: All Cash, FHA 203K
Disclosures and Reports
- Documents Avail.: None
- Legal Description: LAWRENCE ESTATE LAND COS SUB PB 2-46 N50FT LOTS 11-12 BLK 54 LOT SIZE 50.000 X 100 OR 15993-3636 0793 1 COC 25563-4936 04 2007 1
- Property ID: 01-41-02-005-8220
Listed by Real Estate Sales Force
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Schools
Schools serving 221 NW 16th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Citrus Grove Elementary School, Miami, FL 2121 Northwest 5th Street, Miami, FL 33125 | PK-5 | 0.6 mi |
Citrus Grove Middle School 2153 Northwest 3rd Street, Miami, FL 33125 | 6-8 | 0.6 mi |
Miami Senior High School 2450 Southwest 1st Street, Miami, FL 33135 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 221 NW 16th Ave
Date
Details
Price
Change
Source
9/25/2026
Listed
$990,000
340%
MLS
7/02/2013
Sold
$225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 221 NW 16th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,634
10%
$454,549
-25%
2024
$10,600
6%
$609,652
16%
2023
$9,979
17%
$527,799
31%
2022
$8,560
4%
$402,799
18%
2021
$8,227
-1%
$340,218
—
2021
$8,334
10%
$340,218
32%
2019
$7,573
9%
$257,105
10%
2018
$6,937
9%
$233,732
-10%
2017
$6,361
11%
$261,117
35%
2016
$5,736
-5%
$193,168
-6%
2015
$6,068
3%
$204,530
6%
2014
$5,901
43%
$193,168
68%
2013
$4,127
—
$115,081
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 221 NW 16th Ave
221 NW 16th Ave, Miami, FL 33125 (MLS# A12095922) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 221 NW 16th Ave is currently listed for $990,000 and was received on September 25, 2026. Want to learn more about 221 NW 16th Ave? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

