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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.

Features
7
Laundry Facility
Address Map
FL
Miami-Dade County
Miami
33125
1621 NW 16th St
BLANTON PARK
W81° 46' 40.6''
N25° 47' 23.9''
BLANTON PARK
MLS Addon
Attached
All Cash, Conventional
1
5
Water, Gardener, Sewer, Trash Collection
2
Quadruplex, Fourplex
$14,313
2025
Click Here
Municipal Water
4601
4
02/01/2026 22:25:45

1621 NW 16th St, Miami, Florida 33125

$1,495,000
3,728 size sq.ft.
Listing ID #A11937772
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11937772
Price $1,495,000
Square Footage 3,728 Sqft
Year Built 1978
Days on Market 0
Building Area 3,728 Sqft
Status Active
Property SubType Quadruplex
On Market Date 02/01/2026
Elena Beck
MiamiInvestrealty
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