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1621 NW 16th St, Miami FL 33125

Multi-family For Sale
$1,500,000

BTC: 24.20353039

ETH: 618.80422272

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

Overview

Exceptional 5-unit multifamily property, zoned T6-8-R, offering incredible investment potential in a highly sought- after area. The property consists of three 2-bed/1-bath units, one 1-bed/1-bath unit, and a studio, catering to a diverse range of tenants. The T6-8-R zoning allows for high-density residential development, making this property a prime candidate for future redevelopment or expansion. Located in a vibrant neighborhood, the property is close to major transportation hubs, shopping, dining, and entertainment options, ensuring strong demand and high occupancy rates. This is a rare opportunity to acquire a versatile asset with significant upside in a rapidly growing market.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1978
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$402
Cooling:
Ceiling Fan(s) / Electric
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Floor

    • Other

    Heating

    • Window/Wall

    Cooling

    • Ceiling Fan(s)

    • Electric

    Other interior features

    • Stairs

  • Other Property Information

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

    • Zoning: 4601

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $12,352

  • Source details

    • MLS ID: A11670107

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Living Area: 3728

    • 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 ©2024-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: Guillen