1621 NW 16th St, Miami FL 33125 | Miami-Dade County | A11817594

1621 NW 16th St, Miami FL 33125

Residential Income Active

$1,495,000

8 More

Type
Quadruplex

3728 Square Feet
Area Size

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Residential Income Active

1621 NW 16th St, Miami FL 33125 | Miami-Dade County | A11817594

1621 NW 16th St, Miami FL 33125

$1,495,000

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.

Address

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Address: 16th St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33125
Area: BLANTON PARK

Details

Updated on August 3, 2025 at 12:25 am

Property ID A11817594
Price $1,495,000
Property Size 3728 Square Feet
Year Built 1978
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Attached
BuildingAreaTotal 3728
BuildingAreaUnits Square Feet
BuildingFeatures Laundry Facility
BuildingName BLANTON PARK
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2025-06-06
Cooling Central Air
DaysOnMarket 0
DocumentsAvailable Investment Analysis
Flooring Tile
Heating Central
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-299-4124
ListAgentEmail fermoselledavid@gmail.com
ListAgentFullName David Fermoselle
ListAgentKey bd611caa2ab5dcd8d66c2e6f4881ca9d
ListAgentMlsId 3306806
ListAgentOfficePhone 305-299-4124
ListAgentStateLicense 3306806
ListOfficeFax 888-800-5206
ListOfficeKey e578201a2f3c5fd86b04282bd6a96aee
ListOfficeMlsId ELEV01
ListOfficeName Eleventrust LLC
ListOfficePhone 305-299-4124
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-06-06
ListingKey 017a5e955cb268cf69d2be62161f5486
ListingTerms All Cash,Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Blanton Park
MajorChangeTimestamp June 6, 2025 at 08:24pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp June 7, 2025 at 02:00am
NumberOfUnitsInCommunity 4
NumberOfUnitsTotal 5
OnMarketDate 2025-06-06
OriginalEntryTimestamp June 6, 2025 at 08:24pm
OriginalListPrice 1495000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-35-004-0230
ParkingTotal 7
PhotosChangeTimestamp June 6, 2025 at 08:28pm
PhotosCount 13
Possession Funding
PostalCodePlus4 2455
PriceChangeTimestamp June 6, 2025 at 08:17pm
PublicSurveyRange 31
PublicSurveySection 35
PublicSurveyTownship 31
RentIncludes Gardener,Sewer,Trash Collection,Water
Roof Other,Shingle
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Appointment Only,Call Listing Agent
SourceSystemKey 412536594
StateOrProvince FL
StatusChangeTimestamp June 6, 2025 at 08:24pm
Stories 2
StoriesTotal 2
StreetDirPrefix NW
StreetName 16th St
StreetNumber 1621
StreetNumberNumeric 1621
StructureType Quadruplex,Fourplex
SyndicationRemarks 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.
TaxAnnualAmount 13072
TaxLegalDescription BLANTON PARK PB 9-58 LOT 31 LOT SIZE 6400 SQUARE FEET OR 17128-1297 0995 4
TaxYear 2024
WaterSource Municipal Water
WindowFeatures Blinds
YearBuiltDetails Resale
Zoning 4601