1. Florida
  2. Miami
  3. 1621 NW 16th St
$1,495,000

1621 NW 16th St, Miami, FL 33125

  • 3,728 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $401/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

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.

Listing Status:
Active
Date Added:
June 6, 2025 at 05:00AM
Listing Office:
Eleventrust LLC : 305-299-4124
Listing Agent:
David Fermoselle : 305-299-4124
MLS ID:
A11817594
  • Flooring: Tile
  • A/C: Central Air
  • Heating: Central

This listing courtesy of David Fermoselle, Eleventrust LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Early Beginnings Academy

1411 NW 14th Ave, Miami, FL, 33125

Grades PK-5

0.27 miles away

S

Sports Leadership and Management (Slam) Charter Middle School

604 NW 12th Ave, Miami, FL, 33136

Grades 6-8

0.83 miles away

S

Sports Leadership of Miami Charter High School

604 NW 12th Ave, Miami, FL, 33136

Grades 9-12

0.83 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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