1621 Nw 16th St, Miami, FL

$1,495,000

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3,728

Square feet

About 1621 Nw 16th St

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 of 1621 Nw 16th St

MLS® # A11817594
Price $1,495,000
Bathrooms 0.00
Square Footage 3,728
Acres 0.00
Year Built 1978
Type Residential Income
Sub-Type Quadruplex
Style Fourplex
Status Active

Community Information

Address 1621 Nw 16th St
Area 31
Subdivision BLANTON PARK
City Miami
County Miami-Dade
State FL
Zip Code 33125-2455
HOPA No Hopa

Amenities

Utilities Cable Available
Features Laundry Facilities
Is Waterfront No
Has Pool No
Subdivision Laundry Facilities

Interior

Interior Tile
Heating Central
Cooling Central Air
Fireplace No
# of Stories 2
Stories Two

Exterior

Exterior Features Lighting
Windows Blinds
Roof Shingle, Other
Construction Block

Listing Details

OfficeEleventrust LLC

Listing Map

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