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Residential Income
$1,495,000
1621 NW 16th St Miami, FL

A11817594

349 of 524 for Sale
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an agent
  • Listed On:

    Jun 6, 2025
  • Days on Market:

    183
  • Year:

    1978
  • Taxes:

    $13,072 per year
  • Floor Description:

    Tile
  • Occupancy:

  • Zoning:

  • Parking:

1621 NW 16th St Miami, FL 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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For Sale Details

  • Floor Description

    Tile

  • Heating Description

    Central

  • Photo Count

    13

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    1978

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