Blanton Park Multifamily Homes Sold

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Blanton Park, 1621 NW 16th St, Miami, Florida 33125, image 1
Sold - Feb 26, 2025
$1,050,000 $450K
  • 3,728 SqFt
  • $282/SqFt
Multifamily sold in Blanton Park
1621 NW 16th St, Miami, FL 33125
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.
Blanton Park, 1600 NW 16th Ave, Miami, Florida 33125, image 1
Sold - Jul 18, 2023
$1,225,000 $124K
  • 3,920 SqFt
  • $313/SqFt
Multifamily sold in Blanton Park
1600 NW 16th Ave, Miami, FL 33125
Investment opportunity – Well maintained and professionally managed four-plex. Located in the hot Neighborhood of Allapatha and only a few blocks from the much anticipated professional soccer stadium. Minutes from Marlins Park, Grapeland Water Park, the airport, the beach, Jackson Hospital and popular spots like Wynwood and Brickell. Property is fully occupied, and leases are available. The property owner is responsible for lawn, water, pest control and common area electricity. Each unit metered for electricity and tenants are responsible for their payment. The land has a T68R zoning with a PA zone of 4601-Multi-Family 8 story. The Parcel Land is situated in a very convenient location.
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Subdivision Amenities

Laundry

Scores

Walk Score®

Very Walkable. Most errands can be accomplished on foot.

75

100

Transit Score®

Good Transit. Many nearby public transportation options.

62

100

Bike Score®

Bikeable. Some bike infrastructure.

52

100

Sound Score®

Very loud.

65

100

Miami
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