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1621 NW 16th St, Miami, FL 33125

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Listing Type
Multi Family
Listing Status
active
13
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$1,495,000

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Home Details for 1621 NW 16th St
Price
$1,495,000
Type
Multi Family
Year Build
1978
Sq. Ft.
3728
County
Miami-Dade
Tax
$13,072
MLS®️ Listing#
A11817594
On exitrealty.com
128 days
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.
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Listing Courtesy: Eleventrust LLC - 305-900-3374
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
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Market statistics compiled from data from Realtor Association of Greater Miami and the Beaches.
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EXIT REALTY SYNERGY INTERNATIONAL
6351 NW 99th Avenue, Miami, FL 33178
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$1,495,000

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EXIT REALTY SYNERGY INTERNATIONAL
6351 NW 99th Avenue, Miami, FL 33178
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