Property Description
5-unit multifamily in a prime central location, featuring (3) 2/1s, (1) 1/1, and a studio. Includes 5 electric meters, 1 water meter. Upgrades: new permitted roof, asphalt, windows, and fresh paint. Zoned T6-8-R (City of Miami), allowing up to 8 stories and 150 units/acre. On a 6,400 SF lot (~0.147 acres), you can build up to 22 units by right. All units rented below market—great cash flow with strong upside. Ideal for investors seeking income and redevelopment potential.
Features
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Architectural Style
- Community Features:
- Laundry Facilities
- Roof:
- Shingle, Other
- Sewer
Address Map
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33125
- Street:
- 1621 Nw 16th St, Miami, Florida 33125
- Longitude:
- W81° 46' 40.6''
- Latitude:
- N25° 47' 24''
MLS Addon
- Building Area:
- 3,728 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 208
- Exterior Features
- Flooring:
- Tile
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Lot Features
- Parcel Number:
- 01-31-35-004-0230
- Subdivision Name:
- BLANTON PARK
- Tax Annual Amount:
- $14,313
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
- Window Features:
- Blinds
Residential Income For Sale
1621 Nw 16th St, Miami, Florida 33125, Miami, Florida 33125
3,728 Sqft
$1,495,000
MLS # #A11937772
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,495,000
- Square Footage :
- 3,728 Sqft
- Year Built :
- 1978
- MLS # :
- A11937772
- Property Sub Type :
- Quadruplex
