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1621 NW 16th St

Miami, FL

Listing Details

  • $1,495,000
  • MLS# A11937772
  • Type Multi Unit - Multiple
  • Status Active
  • 3,728
    Square Feet
  • 1978
    Year Built

Description

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.

Key Features

  • Exterior Lights
View All Features
1621 NW 16th St
Miami, FL 33125
Subdivision
BLANTON PARK
County
Miami-Dade

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Building Features: Laundry Facility
  • Cooling: Central Air
  • Crops Included Y/N: No
  • Days on Site: 130
  • Exterior: CBS Construction
  • Exterior Features: Exterior Lights
  • Flooring: Tile
  • Heating: Central
  • Home Style: Attached
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: All Cash, Conventional
  • Lot Description: Less Than 1/4 Acre Lot
  • Parcel#: 01-31-35-004-0230
  • Property Attached Y/N: No
  • Property Sub-Type: Quadruplex
  • Roof Type: Other, Shingle
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $14,313
  • Units: 5
  • Water: Municipal Water
  • Window: Blinds
  • Year Built: 1978