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 a diverse range of tenants. The T6-8-R zoning allows for high-density residential development, making this property a prime candidate for future redevelopment or expansion. Located in a vibrant neighborhood, the property is close to major transportation hubs, shopping, dining, and entertainment options, ensuring strong demand and high occupancy rates. This is a rare opportunity to acquire a versatile asset with significant upside in a rapidly growing market.
Property Details
Price:
$1,900,000
MLS #:
A11648585
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Aug 27, 2024
State:
FL
Finished Sq Ft:
3,728
ZIP:
33125
Year Built:
1978
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Schools
Interior
Cooling
Central Individual A/ C, Other, Wall/ Window Unit(s)
Heating
Central Building A/ C, Other, Wall/ Window Units
Exterior
Financial
Taxes
$12,352
Map
Community
- Address1621 NW 16th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33125
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Courtesy of Guillen and Associates Real Estate Consultants, In. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
1621 NW 16th St
Miami, FL
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