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Blanton Park

$1,495,000

1621 NW 16th St, Miami, FL 33125

Active
Last Updated: 07/17/2025

3,728 sqft

Building Size

4

Units

Details:
Building Size:    3,728 sqft
Units:    4
Year Built:    1978
Floors:    2
Parking Spots:    7
Gross Leaseable Area:    3,728
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Building Features: Laundry Facility
  • Documents Available: Investment Analysis
  • Architectural Style: Attached
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Tile
  • Construction Materials: CBS Construction
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.

Map:
Location
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