1621 Nw 16th Street, Miami, FL

$1,400,000

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3,728

Square feet

About 1621 Nw 16th Street

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 of 1621 Nw 16th Street

MLS® # A11937772
USD $1,400,000
CAD $1,937,432
CNY 元9,391,620
EUR €1,205,862
GBP £1,035,166
RUB ₽118,335,560
Last Listing Price $1,495,000
Year Built 1978
Type Residential Income
Sub-Type Quadruplex
Status Closed
HOPA No Hopa

Community Information

Address 1621 Nw 16th Street
Area 2310
Subdivision BLANTON PARK
City Miami
County Miami-Dade
State FL
Zip Code 33125

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior

Heating Central, Separate Meters
Cooling Central Air
# of Stories 2

Exterior

Exterior Features Lighting
Roof Other, Shingle
Construction CBS

School Information

Elementary Paul Laurence Dunbar K-8
Middle Citrus Grove
High Booker T. Washington

Additional Information

Date Closed May 26th, 2026
Date Listed January 2nd, 2026
Days on Market 252
Zoning 4601
Foreclosure No
Short Sale No
RE / Bank Owned No
Parcel ID 0131350040230

Listing Details

OfficeEleventrust LLC

Listing Map

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