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

$1.5M6.4%
$1,400,000
3,728
SqFt
Status
Sold - May 26, 2026
Size
3,728 SqFt (346 m2)
Price
$376/SqFt ($4,042/m2)
Type
Multifamily
Built
1978
MLS Number
A11937772
On Site
255 Days
Updated
18 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: 2026-01-02T17:22:58.000-00:00
        Taxes, Fees & More
        • Taxes: 14313

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        Price History

        Current
        $1.4M
        High
        $1.5M
        Low
        $1.4M
        Total Change
        -6.4%
        $1.5M$1.4M$1.4MJan 26Jan 26May 26
        Date
        Event
        Price
        Change
        Price Per
        05/26/2026
        Sold
        $1.4M
        0%
        $376 ft2
        $4,042 m2
        01/02/2026
        Price Reduced
        $1.4M
        -6.35%
        $376 ft2
        $4,042 m2
        01/02/2026
        Listed
        $1.5M
         
        $401 ft2
        $4,317 m2
        05/26/2026
        $1.4M
        Event
        Sold
        Change
        0%
        Price Per
        $376 ft2
        $4,042 m2
        01/02/2026
        $1.4M
        Event
        Price Reduced
        Change
        -6.35%
        Price Per
        $376 ft2
        $4,042 m2
        01/02/2026
        $1.5M
        Event
        Listed
        Price Per
        $401 ft2
        $4,317 m2
        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 .

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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        81

        100
        Transit Score®
        Good Transit. Many nearby public transportation options
        62

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        52

        100
        Sound Score®
        Very loud
        74

        100
        Airport Score
        Close to airports. Noticeable airport activity
        4

        100
        Traffic Score
        Congested area. Frequent traffic delays
        33

        100
        Local Score
        Limited local amenities nearby
        3

        100
        Community Snapshot
        1,513 - 3,920
        SqFt Range
        1971
        Year Build

        Subdivision Amenities

        Laundry

        Miami
        Premium
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