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1621 NW 16th St

Miami, FL 33125
Closed

Property Description

Exceptional 5-unit multifamily property, zoned T6-8-R, offering incredible investment potential in a highly sought- after area. The property consists of three 2-bed/1-bath units, one 1-bed/1-bath unit, and a studio, catering to a diverse range of tenants. The T6-8-R zoning allows for high-density residential development, making this property a prime candidate for future redevelopment or expansion. Located in a vibrant neighborhood, the property is close to major transportation hubs, shopping, dining, and entertainment options, ensuring strong demand and high occupancy rates. This is a rare opportunity to acquire a versatile asset with significant upside in a rapidly growing market.

Property Details

Essential

  • StatusClosed
  • Days On Site651
  • Days To Sale184
  • MLS#A11670107
  • Property TypeResidential Income
  • Property Sub TypeDuplex
  • Number of Stories2.0
  • Property Size3,728 sqft
  • Lot SizeSquare Feet
  • Tax Amount$12,352
  • Tax Year2024
  • HOANo
  • Data SourceMiami Association of REALTORS®
  • Latest Update06/06/2026