1621 NW 16th St
Miami, FL 33125
- – beds
- – baths
- 3,728 sqft
- $281 per sqft
- 1978 build
- 51 days on site
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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.
Last checked:
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Last updated Mar 22, 2025
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MLS# A11670107 —
The Building
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Year Built:1978
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Year Built Details:Effective Year Built
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Construction Materials:Block
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Stories:2
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Levels:Two
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Roof:Other
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Building Area Total:3728.0
Interior
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Flooring:CeramicTile, Other
Room Dimensions
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Living Area:3728.0
Financial & Terms
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Buyer Financing:Exchange1031
The Property
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Parcel Number:01 31 35 004 0230
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Property Type:ResidentialIncome
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Property Subtype:Duplex
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Property Subtype Additional:Duplex
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Zoning Description:4601
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Possible Use:Investment
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Lot Features:LessThanQuarterAcre
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (786) 973-9488
- Office phone:
- (786) 277-6968
Taxes
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Tax Year:2024
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Tax Annual Amount:$12,352
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Tax Legal Description:BLANTON PARK PB 9-58 LOT 31 LOT SIZE 6400 SQUARE FEET OR 17128-1297 0995 4
The Listing
Heating & Cooling
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Heating:WallFurnace
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Heating:true
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Cooling:CeilingFans, Electric
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
The Community
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Subdivision Name:Blanton Park
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Pool Features:None
Parking
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Parking Total:5.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/26/25
Feb 26, 2025
|
Sold | MLSM | $1,050,000 | -30.0% |
|
1/30/25
Jan 30, 2025
|
Pending | MLSM | $1,500,000 |
