1621 NW 16th St new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33125
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,728 sqft
Price per Sqft $401
Subdivision Blanton Park
MLS Listing ID A11817594
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1978
Annual Tax Amount $13,072
Tax Year 2024
Property Sub-Type Quadruplex
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.
Location
State FL
County Miami-dade
Community Blanton Park
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Tile
Window Features Blinds
Exterior
Exterior Feature Lighting
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Roof Type Other,Shingle
Total Parking Spaces 7
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 01-31-35-004-0230
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11817594