Property Details
| Sold Price | $1,400,000 |
|---|---|
| Last Asking Price | $1,495,000 |
| Price per SqFt | $376 |
| Maintenance fee | Inquire |
| Property Taxes | $14,313 2025 |
| Interior Space | 3,728 SqFt |
| Beds/Baths | —/— |
| Year Built | 1978 |
| Pool | No |
| Closed Date | 5/26/2026 |
| MLS # | A11937772 |
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
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.
Listed by Eleventrust LLC
Sales History for This Home · 1621 NW 16th Street, Miami, FL 33125
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11670107 | $1,050,000 | 2/26/25 |
| A11648585 | $1,050,000 | 2/26/25 |
Listed by Eleventrust LLC. 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
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.