Blanton Park, 1621 NW 16th St, Miami, FL 33125

$1,495,000Price
3,728SqFt

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Details

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Status:
Active
Size: 3,728 SqFt (346 m2)
Price: $401/SqFt ($4,317/m2)
Type: Multi Family
Built: 1978
MLS Number: A11817594
On Site: 54 Days
Updated: 53 Days ago
Page Views: 0
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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Lighting
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Tile
      • Windows/Treatment: Blinds
      • Year Built: 1978
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-06-06T16:24:13.000-00:00
        Taxes, Fees & More
        • Taxes: 13072

        Price History

        06/06/2025

        Date

        Listed

        Event

        $1.5M

        Price

        $401 ft2 / $4,317 m2

        Price Per

        Price per square foot and days on website are not provided values and are calculated by Subdivisions.

        Listed by David FermoselleEleventrust LLC • Buyer Agency Compensation .

        Instant Comps

        $100/ft²
        $200/ft²
        $400/ft²
        $600/ft²

        Unit 1621 NW 16th St – Asking

        $401/ft²

        (+42%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $282/ft²
        Community $/Price Range (Closed) $282/ft² – $282/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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