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.
Property Details
Price:
$1,495,000
MLS #:
A11937772
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
BLANTON PARK
Neighborhood:
blantonpark
Listed Date:
Jan 2, 2026
Finished Sq Ft:
3,728
Total Sq Ft:
3,728
Year Built:
1978
Units:
5
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Tile
Heating
Central
Exterior
Architectural Style
Attached
Construction Materials
CBS Construction
Exterior Features
Exterior Lights
Parking Spots
7
Roof
Other, Shingle
Financial
Tax Year
2025
Taxes
$14,313
Map
Community
- Address1621 NW 16th St Miami FL
- SubdivisionBLANTON PARK
- CityMiami
- CountyMiami-Dade County
- Zip Code33125
Market Summary
Current real estate data for Multi Family in Miami as of Jan 16, 2026
466
Multi Family Listed
148
Avg DOM
479
Avg $ / SqFt
$1,210,901
Avg List Price
Property Summary
- Located in the BLANTON PARK subdivision, 1621 NW 16th St Miami FL is a Multi Family for sale in Miami, FL, 33125. It is listed for $1,495,000
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