1621 Nw 16th St, Miami, FL 33125

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Sold Price
$1,400,000
List Price
$1,495,000
Closing Date
May 26, 2026
MLS
A11937772
Complex Name
Blanton Park
Status
CLOSED
Type
Multifamily
Living Area
3,728

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.

Additional Information

Days on Market
139
Style
Quadruplex, Fourplex
Exterior Features
Exterior Lights
#Parking Spaces
7
Year Built
1978
Development Name
Blanton Park
#Stories
2
Construction Type
CBS Construction
Section
35

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Calculator source: Real Geeks

Listing Courtesy of Eleventrust LLC, Contact:

Selling Office: Eleventrust LLC.