1621 NW 16th St Miami FL 33125 MLS #A11648585

1621 NW 16th St
Miami, FL, 33125
$1,900,000
Beds
0 Baths
3,728 SqFt
0 Acres
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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

Price:
$1,900,000
MLS #:
A11648585
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Aug 26, 2024
State:
FL
Finished Sq Ft:
3,728
Total Sq Ft:
3,728
ZIP:
33125
Year Built:
1978
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Interior

Cooling
Central Individual A/ C, Other, Wall/ Window Unit(s)
Heating
Central Building A/ C, Other, Wall/ Window Units

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Taxes
$12,352

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