Atlantic Luxury Advisors
1836 16th Ter photo 11836 16th Ter photo 21836 16th Ter photo 31836 16th Ter photo 41836 16th Ter photo 5

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1836 16th Ter

Miami, FL 33125

$999,000
5
4
2,332 sq ft
8,280 sq ft
1939
6 car
Single Family Residence
97
Active

Listing courtesy of The Keyes Company (Orlando Leon). Contact: [email protected].

About this home

Investor Opportunity Income-producing non-conforming Fourplex offered as part of a portfolio sale (with two additional Fourplexes available). Located in one of the fastest growing neighborhoods Allapattah. This property presents strong rental income potential and an excellent opportunity for investors seeking cash flow in a rapidly growing Miami corridor. Desirable unit layout ideal for long-term or short-term rental strategies, with solid fundamentals and value-add upside. Strategically positioned just minutes from NU Park (Freedom Park), major highways, Downtown Miami, Wynwood, and Miami International Airport supporting consistent rental demand and long-term appreciation. Seller is highly motivated. Don’t miss the opportunity to acquire this income-producing asset as part of a multi-property portfolio in one of Miami’s evolving neighborhoods!

What it costs to own
Estimated monthly payment
$7,152/mo
Principal and interest
$5,051
Property tax
$1,476
Homeowners insurance
$625
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$17,712/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone C: ordered to evacuate for Category 2 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.