1621 NW 16th St Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33125
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,728 sqft
Price per Sqft $402
Subdivision Blanton Park
MLS Listing ID A11670107
Year Built 1978
Annual Tax Amount $12,352
Tax Year 2024
Property Description
Exceptional 5-unit multifamily property, zoned T6-8-R, offering incredible investment potential in a highly sought-
after area. The property consists of three 2-bed/1-bath units, one 1-bed/1-bath unit, and a studio, catering to a
diverse range of tenants. The T6-8-R zoning allows for high-density residential development, making this property
a prime candidate for future redevelopment or expansion. Located in a vibrant neighborhood, the property is
close to major transportation hubs, shopping, dining, and entertainment options, ensuring strong demand and
high occupancy rates. This is a rare opportunity to acquire a versatile asset with significant upside in a rapidly growing market.
Location
State FL
County Miami-dade
Community Blanton Park
Area 31
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s),Electric
Flooring Ceramic Tile,Other
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Other
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Structure Type Block
Others
Acceptable Financing Conventional,1031 Exchange,Other
Listing Terms Conventional,1031 Exchange,Other