$1,495,000

$401/sq ft

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Overview

Year Built

1978

Sqft

3728

Property Type

Quadruplex

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.

Property Details

MLS#

A11937772

Total Floor in Bldg

2

Building

BLANTON PARK

Address

1621 16th St NW

City

Miami

State/county

FL

Zip/Postal Code

33125

Area

Blanton Park

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$14,313

Maint Fee

$--

Tax Year

2025

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Boris Gelfand