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
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