1621 NW 16th St
Miami, FL 33125
Map
- – beds
- – baths
- 3,728 sqft
- $401 per sqft
- 1978 build
- – on site
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.
Last checked:
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Last updated Jun 7, 2025
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MLS# A11817594 —
The Building
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Year Built:1978
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Year Built Details:Resale
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Construction Materials:Block
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Architectural Style:Fourplex
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Stories:2
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Levels:Two
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Roof:Other, Shingle
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Exterior Features:Lighting
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Window Features:Blinds
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Building Area Total:3728.0
Interior
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Flooring:Tile
Room Dimensions
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Living Area:3728.0
Financial & Terms
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Possession:ClosingAndFunding
The Property
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Parcel Number:01 31 35 004 0230
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:4601
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Lot Features:LessThanQuarterAcre
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (305) 299-4124
- Office phone:
- (305) 299-4124
Taxes
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Tax Year:2024
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Tax Annual Amount:$13,072
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Tax Legal Description:BLANTON PARK PB 9-58 LOT 31 LOT SIZE 6400 SQUARE FEET OR 17128-1297 0995 4
The Listing
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Virtual Tour Unbranded:
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Rent Includes:Gardener,Sewer,TrashCollection,Water
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
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Water Source:Public
The Community
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Subdivision Name:Blanton Park
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Community Features:LaundryFacilities
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Pool Features:None
Parking
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Parking Total:7.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/6/25
Jun 6, 2025
|
Listed / Active | MLSM | $1,495,000 | 42.4% |
|
2/26/25
Feb 26, 2025
|
MLSM | $1,050,000 | -30.0% | |
|
1/30/25
Jan 30, 2025
|
MLSM | $1,500,000 |
