For sale

$1,250,000

625 SW 16th Ave, Miami, FL 33135

5beds

3baths

1,881sqft

Est.:

Duplex

Built in 1946

-- sqft lot

$1,128,900 Zestimate^®

$665/sqft

$-- HOA

What's special

New roofGated parkingImpact windowsRenovations throughout the interior

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.

191 days

55

2

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Central, Other

Cooling

Central Air

Features

Flooring: Tile

Interior area

Total structure area: 2,039
Total interior livable area: 1,881 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2

Features

Stories: 1

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0141020065950
Zoning: T4-L

Construction

Type & style

Home type: MultiFamily
Architectural style: Ranch
Property subtype: Duplex

Materials

CBS Construction
Roof: Curved/S-Tile Roof

Condition

Year built: 1946

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Lawrence Estates Land Cos

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $665/sqft
Tax assessed value: $472,688
Annual tax amount: $6,816
Date on market: 6/1/2025
Listing terms: All Cash,Conventional

Estimated market value

$1,128,900

$1.07M - $1.19M

$3,251/mo

Price history

Date	Event	Price
6/2/2025	Listed for sale	$1,250,000+237.8%$665/sqft
Source: MIAMI #A11814449 Report a problem
2/25/2019	Sold	$370,000$197/sqft
Source: Public Record Report a problem