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5899 SW 16th Street, West Miami, Florida 33155
65 Sold
MLS# A11393454

Subdivision: West Miami
5899 SW 16th Street,
West Miami, Florida 33155
SOLD FOR $1,300,000 $1,375,000
Studio Sq.Ft: 4,231 PPSF: $324.98 Type: Multifamily

This amazing multifamily property has tons of investment potential, a central location, and neatly maintained units. Situated on a 0.39 acre corner lot just steps from Cooper Park, this duplex (non-conforming triplex) warmly welcomes with beautiful tropical landscaping, a circular driveway, side driveway, and additional parking spaces. Each unit (3BR/2BA unit and two 2BR/2BA units) boasts an openly flowing floor plan, cheerful paint hues, attractive flooring, sizeable bedrooms, and a large living area. Other features: ample parking, fabulous outdoor spaces, covered patios, close to Coral Gable's Miracle Mile which has exceptional shopping and distinguished restaurants. Whether you’re a savvy homeowner or a seasoned investor, this property affords versatility and multiple exit strategies.

24.7% DECREASE
(-$450,000)
DAYS ON SITE: 292 CLOSING DATE:
09/07/2023