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1621 NW 16th St, Miami FL 33125

Multi-family For Sale
$1,495,000

BTC: 16.61203400

ETH: 490.16393443

New
0 room(s)
3,728 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • Miami • 33125 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1978
Lot:
No Data
Heating:
Central
Price/sqft:
$401
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Property

    • Exterior Features: Exterior Lights

    Other Property Information

    • Parcel Number: 01-31-35-004-0230

    • Zoning: 4601

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $14,313

  • Source details

    • MLS ID: A11937772

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Blinds

    • Architectural Style: Attached

    • Living Area: 3728

    • Water Source: Municipal Water

    • Subdivision Name: BLANTON PARK

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Eleventrust LLC