Exceptional Investment Opportunity for Investors! This property offers tremendous potential for those looking for a long-term investment in a rapidly developing area. The lot spans 8,600 sq.ft, and when combined with the additional 13,216 sq.ft, the possibil

1919 NORTH WEST 16TH TER, Miami

$667,400 USD
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Address1919 NORTH WEST 16TH TER, Miami
Building NameRIVERSEDGE
Type of PropertyDuplex
Property StyleDuplex
Price$667,400
Previous Price$669,900 (25 days ago)
Property StatusActive
MLS NumberA11762868
Living Area2179
Year Built1954
Parking Space Number1
Folio Number01-31-34-024-0180
Zoning Information5700
Days on Market206

Detailed Description: Exceptional Investment Opportunity for Investors! This property offers tremendous potential for those looking for a long-term investment in a rapidly developing area. The lot spans 8,600 sq.ft, and when combined with the additional 13,216 sq.ft, the possibilities for expansion are endless. Take advantage of Miami’s favorable development policies, as the city is open to rezone a multi-family construction, allowing up to 5 stories to this site to maximize its potential. IMPORTANT: Combination of two properties, including 1640 NW 19th Ave, Miami, FL 33125 A11762935 Please note, all information should be verified for accuracy by the buyer’s agent or seller. This is a rare opportunity to capitalize on the growing demand for multi-family developments in Miami. Appraisal from 2023 attached

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33125
Address1919 NORTH WEST 16TH TER
Section34
Financial Information
Price$667,400
Price per Foot$0
Previous Price$669,900
Folio Number01-31-34-024-0180
Tax Amount$8,532
Tax Year2024
Full Descriptions
Detailed DescriptionExceptional Investment Opportunity for Investors! This property offers tremendous potential for those looking for a long-term investment in a rapidly developing area. The lot spans 8,600 sq.ft, and when combined with the additional 13,216 sq.ft, the possibilities for expansion are endless. Take advantage of Miami’s favorable development policies, as the city is open to rezone a multi-family construction, allowing up to 5 stories to this site to maximize its potential. IMPORTANT: Combination of two properties, including 1640 NW 19th Ave, Miami, FL 33125 A11762935 Please note, all information should be verified for accuracy by the buyer’s agent or seller. This is a rare opportunity to capitalize on the growing demand for multi-family developments in Miami. Appraisal from 2023 attached
How to ReachDrive east on Northwest 20th Street. Turn right onto Northwest 22nd Avenue. Turn left onto Northwest 18th Terrace. Turn left onto Northwest 19th Avenue.
Roof DescriptionShingle
Floor DescriptionOther
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area2179
Zoning Information5700
Year Built1954
Type of PropertyDuplex
StyleDuplex
Building NameRIVERSEDGE
Development NameRIVERSEDGE
Construction TypeCBS Construction
Stories Number2.000
Street DirectionNorth West
Parking Space Number1
Listed withUnited Realty Group Inc