Property Details
| Sold Price | $1,050,000 |
|---|---|
| Last Asking Price | $1,500,000 |
| Price per SqFt | $282 |
| Maintenance fee | Inquire |
| Property Taxes | $12,352 2024 |
| Interior Space | 3,728 SqFt |
| Beds/Baths | —/— |
| Year Built | 1978 |
| Pool | No |
| Closed Date | 2/26/2025 |
| MLS # | A11670107 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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 adiverse range of tenants. The T6-8-R zoning allows for high-density residential development, making this propertya prime candidate for future redevelopment or expansion. Located in a vibrant neighborhood, the property isclose to major transportation hubs, shopping, dining, and entertainment options, ensuring strong demand andhigh occupancy rates. This is a rare opportunity to acquire a versatile asset with significant upside in a rapidly growing market.
Listed by Guillen
Sales History for This Home · 1621 NW 16th Street, Miami, FL 33125
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11937772 | $1,400,000 | 5/26/26 |
| A11648585 | $1,050,000 | 2/26/25 |
Listed by Guillen. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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