1621 NORTH WEST 16TH ST #5, Miami
$1,495,000 USD
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Address | 1621 NORTH WEST 16TH ST #5, Miami |
Building Name | BLANTON PARK |
Type of Property | Quadruplex |
Property Style | Quadruplex |
Price | $1,495,000 |
Property Status | Active |
MLS Number | A11817594 |
Living Area | 3728 |
Year Built | 1978 |
Parking Space Number | 7 |
Folio Number | 01-31-35-004-0230 |
Zoning Information | 4601 |
Days on Market | 113 |
Detailed 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 sq.ft 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.
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Address Information
State | Florida |
City | Miami |
County | Miami-Dade County |
Zip Code | 33125 |
Address | 1621 NORTH WEST 16TH ST |
Section | 35 |
Zip Code (4 Digits) | 2455 |
Financial Information
Price | $1,495,000 |
Price per Foot | $0 |
Folio Number | 01-31-35-004-0230 |
Tax Amount | $13,072 |
Tax Year | 2024 |
Possession Information | Funding |
Full Descriptions
Detailed 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 sq.ft 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. |
Roof Description | Other, Shingle |
Floor Description | Tile |
Cooling Description | Central Air |
Heating Description | Central |
Water Description | Municipal Water |
Sewer Description | Public Sewer |
Property parameters
Living Area | 3728 |
Zoning Information | 4601 |
Year Built | 1978 |
Type of Property | Quadruplex |
Style | Quadruplex |
Building Name | BLANTON PARK |
Development Name | BLANTON PARK |
Construction Type | CBS Construction |
Stories Number | 2.000 |
Street Direction | North West |
Parking Space Number | 7 |
Listed with | Eleventrust LLC |