1621 NW 16th Street, Miami, FL 33125
- $1,400,000
- 3,728
- SqFt
- Sold Price
- $1,400,000
- List Price
- $1,495,000
- Days on Market
- 139
- Closing Date
- May 26, 2026
- MLS#
- A11937772
- Sq. Ft
- 3,728
- Subtype
- Quadruplex
- County
- Miami-Dade
- Subdivision
- Blanton Park
- Year Built
- 1978
Property 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.
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Additional Information
- Construction
- Block
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central, Separate Meters
- Roof
- Other, Shingle
- Taxes
- $14,313
- Utilities
- Cable Available
- Stories
- 2
- Price Per Sqft
- $375
- Elementary School
- Paul Laurence Dunbar K-8
- Middle School
- Citrus Grove
- High School
- Booker T. Washington
Mortgage Calculator
Listing courtesy of Eleventrust LLC. Contact:
Selling Office: Eleventrust LLC.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: David Fermoselle | Email: fermoselledavid@gmail.com