1621 NW 16th St, Miami FL, 33125

Pending

1621 NW 16th St

Miami FL, 33125

$1,500,000

$402.36 per sqft

Pending

3,728 sqft

Multi-family

Built in 1978

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.

A11670107

MLSⓇ ID

August 26, 2024

Listed

January 31, 2025

Updated

Map

1621 NW 16th St
Miami FL, 33125

Interior Features

Total Stories: 2
Interior Features: Stairs
Floor Description: Ceramic Floor, Other
Fireplace: No
Cooling: Yes
Cooling Description: Ceiling Fan(s), Electric
Heating: Yes
Heating Description: Window/Wall

Exterior/Building Features

Lot Features: Less Than 1/4 Acre Lot
Roof: Other
Sewer: Public Sewer

Other Property Details

Area Name: Blanton Park
Taxes: $12,352
Tax Frequency: Annually
Days on Market: 157
Garage: No
Parking Total: 5
View: No
County: Miami-Dade County
Pool: No
Zoning: 4601

Listing History

Date	Event	Price
1/30/2025	Pending	—

Listed by: Guillen
Listing Contact: 786-973-9488

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 12:17 AM UTC, 1/31/2025.