1621 NW 16th Street

Listing Snapshot

Price

$1,495,000

Days on Site

139 Days

Bedrooms

0

Total Baths

0

Living Area

3,728 sqft

Total Sq Ft

3,728 sqft

Year Built

1978

Property Type

Multi-Family

MLS #

A11937772

Property Tax

$14,313 (2025)

Subdivision

BLANTON PARK

County

Miami Dade

Status

Sold

About This Property

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.

General Features

Property Type

Multi-Family

Status

Sold

Year Built

1978

Property Condition

Resale

Number of Stories

2

Living Sq Ft

3,728

Total Sq Ft

3,728

Structure Type

Multi Family

Sewer

Public Sewer

Water Source

Public

Zoning

4601

Interior Features

Cooling

Central Air

Heating

Central / Separate Meters

Flooring

Tile

Laundry

Outside

Exterior Features

Construction

Block

Roof

Other / Shingle

Exterior Features

Lighting

Community & HOA

Utilities

Cable Available

Financing Terms

Cash / Conventional

MLS Area

2310

Schools

Elementary School

Paul Laurence Dunbar K-8

Middle School

Citrus Grove

High School

Booker T. Washington