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For Sale
Listed on January 2, 2026

1621 NW 16TH ST

$1,495,000
0 Beds
0 Baths
3,728 sqft
7 Parkings
Lot size
-
Annual Tax
$14,313
Occupancy
Tenant
Year Built
1978
Property type
Multifamily
#MLS
A11937772

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.
Eleventrust LLC

Features & Details

Learn about the features and details of 1621 NW 16TH ST

Property Details

  • Property Type
    Quadruplex
  • Living Area
    3,728 sqft
  • Year Built
    1978
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $14,313.00
  • List Date
    1/2/2026
  • Updated
    1/3/2026
  • Last Checked
    Recent
  • MLS Number
    #A11937772
  • Brokerage
    Eleventrust LLC
  • Postal Code
    33125
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $1,495,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    None
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1621 NW 16TH ST

Real estate trends

View trends of price in Miami over the last 12 months

Explore Miami-Dade

Learn about the area around 1621 NW 16TH ST

Mortgage Calculator
Estimate monthly payments for 1621 NW 16TH ST
$0
20.0%
$1,495,000
1%
5.25%
10%
Estimated Monthly Payment

$7,167

Cash Flow Analysis
Mortgage Payment:
$7,167
Monthly Payment:
$8,359.75
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this beautiful quadruplex in the heart of West Miami - Miami, Miami. This well-appointed property offers 3,728 square feet of living space. Originally built in 1978. Offered at $1,495,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 1621 NW 16TH ST

1621 NW 16TH ST, MLS® A11937772 has a size of 3728 sqft.

There are bedrooms and bathrooms in this Multifamily at 1621 NW 16TH ST, MLS® A11937772.

Yes, there is parking available with 7 spot(s).

Annual taxes for this home are $14,313 based on 2025 tax year reports.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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1621 NW 16TH ST
1621 NW 16TH ST