Renovated Calle Ocho 4-Unit Multifamily 635 SW 16th Ave

This fourplex, located just steps from Calle Ocho in the heart of Little Havana, offers a unique investment opportunity. Calle Ocho, celebrated as a “national treasure” by the National Trust for Historic Preservation, is renowned for its authentic Cuban restaurants, vibrant ventanitas (takeout windows), lively nightlife, famous bars, warm Cuban bakeries, and colorful street festivals.
The property sits on a spacious 5,000 square foot lot and features a generous backyard. Each apartment has been recently renovated with new kitchens, bathrooms, flooring, and updated electrical and plumbing systems. The building also boasts a new pitched roof and impact windows throughout.
This property presents an attractive option for investors looking to own a valuable asset in a highly sought-after Miami location. It offers stability and potential for long-term growth. The setup is ideal for an investor who wishes to reside on-site while the rental income covers expenses, allowing the owner to benefit from both cash flow and property appreciation without traditional out-of-pocket costs associated with homeownership. The commercial zoning allows for short-term rentals.