628 SW 16th Ave, Miami FL 33135

8,672 ft²

Closed

$2,500,000

Est. Payment $13,306/mo

MLS Sheet Video

8,672

Sq. Ft.

1926

Year Built

Days on Market

Description

A rare find in Little Havana, this is a beautifully renovated ”Old Spanish", twelve unit apartment building on a T5-O zoned lot. The zoning allows investors to take advantage of the short-term rental market and hotel market. Apartments are 12: one bedroom, one bath with identical floor plans. New impact windows, washer/dryer in the units, new PVC plumbing, reinforced floors, gut renovated to the studs. Live-load on the roof allows for use of the roof top. Within five minutes of Brickell and Downtown. Miami's nationally recognized Little Havana neighborhood is known for its culturally-rich and colorful lifestyle. New retail along nearby Calle Ocho is drawing more appeal to this dynamic area. Contact us now for more information!

Facts

MLS#: A10750730
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Income/MultiFamily
Year Built: 1926
Lot Size: 5,350 ft²
Sq. Ft.: 8,672 ft²
Sq. Mt.: 806 m²
Price per sq. ft.: $288/ft²
Price per sq. mt.: $3,102/m²
Stories: —
Garage: —
Pool: —
Days on Market: 52 days
Listed: Sep 10, 2019
Last Updated: Nov 8, 2019
Price/Lot Sq.Ft.: $467/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

11/8/2019	Sold	$2,500,000
9/10/2019	Listed for sale	$2,500,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

628 SW 16th Ave, Miami FL 33135Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Mirror Lakes Elementary School
PK,KG,1,2,3,4,5 · public · 0.4 mi
Amanecer Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
East Lee County High School
9,10,11,12 · public · 1.2 mi
Lehigh Acres Middle School
6,7,8 · public · 1.2 mi
East Zone Middle School Qq
6,7,8 · public · 1.9 mi
Veterans Park Academy For The Arts
PK,KG,1,2,3,4,5,6,7,8 · public · 1.9 mi
Djb Technical Academy
9,10,11,12 · charter · 2.1 mi
Lehigh Elementary School
PK,KG,1,2,3,4,5 · public · 2.5 mi
Harvest Christian Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 2.7 mi
Maranatha Private School
KG,1,2,3,4,5,6,7,8,9 · private · 2.8 mi

Estimated Monthly Payment

$15,539/mo

Principal & Interest

$13,306

Property Tax

$2,083

Insurance

$150

HOA

Down Payment20% ($500,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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