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Multi Family - BLANTON PARK for Sale

1621 NW 16TH ST, MIAMI, FL 33125

Asking Price$1,495,000

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  • Days on market:

    105 day(s)
  • Adjusted Area:

    3133 sqft
  • Original Price:

    $1,495,000
  • Price per sqft:

    $401.02
  • Tax Legal Description:

    BLANTON PARK PB 9-58 LOT 31 LOT SIZE 6400 SQUARE FEET OR 17128-1297 0995 4
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Construction Type:

    Cbs Construction
  • Roof:

    OtherShingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Tile
  • Exterior Features:

    Exterior Lights
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$1,495,000 • living size area 3728 sqft

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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