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1621 NW 16th StMiami, FL 33125

For Sale

$1,495,000

Smart Buyer Rebate $14,950

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.

Listed by David Fermoselle

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License #3306806

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Eleventrust LLC

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305-299-4124

Last updated June 06, 2025

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Source: MIAMIRE #A11817594

Listing Facts

  • TypeMulti-family
  • NeighborhoodBlanton Park
  • Days on Prevu93
  • Taxes$13,072/year
  • Size3,728 sqft
  • Price per sqft$401

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

06/06/2025
Listed by Eleventrust LLC
$1,495,000

Property Details for 1621 NW 16th St

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Number Of Units Total: 5
  • Roof: Other, Shingle
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Quadruplex, Fourplex
  • Window Features: Blinds
  • Year Built: 1978
  • Year Built Details: Resale
  • Architectural Style: Attached
  • Building Name: BLANTON PARK
  • Construction Materials: CBS Construction
  • Exterior Features: Exterior Lights

Features

  • Building Features: Laundry Facility

Measurements

  • Building Area Total: 3,728
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-31-35-004-0230
  • Tax Annual Amount: $13,072.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Tile

Measurements

  • Living Area: 3,728
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: BLANTON PARK

Parking

Parking

  • Parking Total: 7

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.