$1,400,000
Sold · May 26, 2026
1621 NW 16th Street
BLANTON PARK
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $1,400,000
- Vs. list price
- 6.4% under
- Days on market
- 139
- Price per sq ft
- $376
This multi-family property in ZIP 33125 sold for $1,400,000 on May 26, 2026. That was 6.4% below its final list price of $1,495,000. It spent 139 days on the market. At $376 per square foot, it closed 22.9% above the $306 median of the 3 other multi-family property sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $1,400,000
- Sold On
- May 26, 2026
- 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.
MLS media linkGeneral 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
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,439
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $508
- Avg Days on Market
- 143
Frequently Asked Questions
- How do I schedule a tour of 1621 NW 16th Street, Miami, FL 33125?
- Use the Tour button on this listing to request a showing of 1621 NW 16th Street, Miami, FL 33125. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1621 NW 16th Street, Miami, FL 33125 still available?
- 1621 NW 16th Street, Miami, FL 33125 is currently listed as Sold, and has been on the market 139 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1621 NW 16th Street, Miami, FL 33125?
- With 20% down ($299,000) on the $1,495,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1621 NW 16th Street, Miami, FL 33125 is about $7,857/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1621 NW 16th Street, Miami, FL 33125?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1621 NW 16th Street, Miami, FL 33125. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1621 NW 16th Street, Miami, FL 33125?
- 1621 NW 16th Street, Miami, FL 33125 is zoned for Paul Laurence Dunbar K-8 (elementary), Citrus Grove (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1621 NW 16th Street, Miami, FL 33125?
- Often, yes. The right offer on 1621 NW 16th Street, Miami, FL 33125 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Eleventrust LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$1,400,000
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Listed by David Fermoselle, Eleventrust LLC
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Recent Sales
Recently sold homes in ZIP 33125
These are the last 6 recorded closings in ZIP 33125, with the price each home actually sold for rather than what it was listed at. They closed at a median of $345 per square foot. The most recent closed on October 12, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$660,000
Sold · October 12, 2026
3532 NW 4th Terrace
0 bed · 0 bath · 1,868 sqft · $353/sqft
$30,000 under the asking price
Sold$259,900
Sold · October 7, 2026
814 NW 36th Avenue 208
2 bed · 2 bath · 856 sqft · $304/sqft
Sold$679,000
Sold · October 6, 2026
3500 NW 12th Street
5 bed · 3 bath · 1,969 sqft · $345/sqft
Sold$525,000
Sold · October 6, 2026
26 NW 24th Court
0 bed · 0 bath · 2,892 sqft · $182/sqft
$155,000 under the asking price
Sold$1,000,000
Sold · October 5, 2026
1680 NW 22nd Court
0 bed · 0 bath · 3,264 sqft · $306/sqft
$75,000 under the asking price
Sold$599,000
Sold · October 1, 2026
2415 NW 15th Street
3 bed · 3 bath · 962 sqft · $623/sqft
$999 under the asking price
See every recorded sale in ZIP 33125 or find out what your ZIP 33125 home is worth.
