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7111 SW 16th Street, Miami, FL 33155 (MLS# A11100730)

7111 SW 16th Street, Miami, FL 33155

$760,000
Property Type: Residential Income Square Footage: 4,139 Status: Closed
Current Price: $760,000 List Date: 9/20/2021 Last Modified: 8/11/2026

Overview

Description

Great opportunity to own a multi-family income property in an excellent location! This property has 3 spacious units, all rented to long term tenants with an excellent rental record. All units are completely independent with private entrances and up to 10 cars front parking spaces. The front unit is a 4 bedroom/3 baths, the second floor unit is a 3/2 and the back apartment is a 2/1. All the renovation work in this property has been done with permits, all units have independent electrical meters, all with living, dining and complete kitchens, A/C, ceiling fans and more. The patio area is roomy and has a storage unit. The house is located in the heart of Miami, only minutes from Coral Gables, Downtown Miami, Nicklaus Children Hospital and much more. This unique opportunity is priced to sell!

Listing Details MLS# A11100730

General Property Information

Number Of Units Total
3
Property Sub Type
Duplex
Building Area Main
4139
Living Area Main
3854
Adjusted Area Main
3634
Year Built
1980
Parking Total
10
Stories Total
2
Pool Private YN
No

Property Features

Documents Available: Financial Statement Fencing: Fenced Flooring: Ceramic Tile Property Condition: Resale Structure Type: Duplex Construction Materials: Block Cooling: Ceiling Fan(s); Central Air Heating: Central; Electric; Separate Meters Listing Terms: Cash; Conventional; FHA; Owner Will Carry; VA Loan; FHA-VA Approved Lot Features: Fruit Tree(s) Possession: Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: 24 Hour Notice Unit 1 Appliances: Other Unit 1 Parking Features: Open Parking Unit 1 Rooms: Family Room; Florida Room; Kitchen Unit 2 Appliances: Other Unit 2 Parking Features: Open Parking Unit 3 Appliances: Other Unit 3 Parking Features: Open Parking Contingencies: None

Contract Information

Comp Sale YN
No
Original List Price
799000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
7111
Street Direction Prefix
SW
Street Name
16th
Street Suffix
Street
City Name
Miami
Municipal Code
30
State Or Province
FL
Postal Code
33155
Postal Code +4
1576
Postal Zip
33155
Subdivision Name
RONCA SUB
Area
2400
Special Assessment YN
No
Parcel Number
3040110320010
Subdivision Number
32
Zoning
5700
Flood Zone
X

Financial Information

Tax Annual Amount
8857
Tax Year
2020
Tax Legal Description
RONCA SUB PB 110-80 LOT 1 BLK 1 LOT SIZE 10289 SQ FT OR 17743-4307 0797 4

Status Change Information

Major Change Timestamp
2021-11-22T18:14:52Z
Major Change Type
Status Change
Status Change Date
2021-12-06
Under Contract Date
2021-09-24
Close Date
2021-11-22
Close Price
760000
Buyer Financing
Conventional

More Information

Income and Expenses

Gross Income
57600
Net Operating Income
43600
Total Expenses
14000

Unit 1 Details

Actual Rent
1700
Baths Full
3
Efficiency YN
No

Unit 1 Lease Description

Lease Term
Month To Month

Unit 2 Details

Actual Rent
2000
Baths Full
2
Efficiency YN
No

Unit 2 Lease Description

Lease Term
Month To Month

Unit 3 Details

Actual Rent
1100
Baths Full
Yes
Efficiency YN
No

Unit 3 Lease Description

Lease Term
Month To Month

Buyer Details

Intended Use
Primary Residence
Buyer State
Florida
Zip Code
33155

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
197.2

Section Details

Parcel Number MLX
0010

Originating Details

Originating System Key
362651372
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Ceramic Tile
Yes

Property Condition

Resale
Yes

Documents Available

Financial Statement
Yes

Fencing

Fenced
Yes

Structure Type

Duplex
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Electric
Yes
Separate Meters
Yes

Construction Materials

Block
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
Owner Will Carry
Yes
VA Loan
Yes
FHA-VA Approved
Yes

Lot Features

Fruit Tree(s)
Yes

Roof

Shingle
Yes

Water Source

Public
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Showing Requirements

24 Hour Notice
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Contingencies

None
Yes

Unit 1 Appliances

Other
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 1 Rooms

Family Room
Yes
Florida Room
Yes
Kitchen
Yes

Unit 2 Appliances

Other
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 3 Appliances

Other
Yes

Unit 3 Parking Features

Open Parking
Yes
IDX
Listing Office: Urban Team Realty LLC
Last Updated: August - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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