Miami, FL 33125,1621 NW 16th St
Miami, FL 33125,1621 NW 16th St
Miami, FL 33125,1621 NW 16th St
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$1,500,000
Est. payment /mo
3,728 SqFt

UPDATED:

10/03/2024 12:01 AM

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

Construction Status Effective Year Built

HOA Y/N No

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

Total Parking Spaces 5

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 01-31-35-004-0230

Acceptable Financing Conventional, 1031 Exchange, Other

Listing Terms Conventional, 1031 Exchange, Other


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Listed by Guillen

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Jaky Quelle

+1(305) 724-2585

Broker Associate | License ID: BK3283887

Broker Associate License ID: BK3283887

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1621 NW 16th St