Listed and Bought with David Fermoselle from Eleventrust LLC

Source: MIAMI Association of REALTORS® #A11937772

1621 Northwest 16th Street, Miami, FL, 33125

$1,400,000

3728 sq. ft.

Duplex

30+ days on the market

Sold: May 26, 2026

What's around 1621 Northwest 16th Street

About this property

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.

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