BLANTON PARK
1621 NW 16th St, Miami FL 33125
3,728 ft²
$1,495,000
Est. Payment $7,957/mo
3,728
Sq. Ft.
1978
Year Built
2
Stories
139
Days on Market
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.
Facts
- MLS#
- A11937772
- Subdivision
- BLANTON PARK
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1978
- Lot Size
- 0 sqft
- Sq. Ft.
- 3,728 ft²
- Sq. Mt.
- 346 m²
- Price per sq. ft.
- $401/ft²
- Price per sq. mt.
- $4,321/m²
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 139 days
- Listed
- Jan 2, 2026
- Last Updated
- May 27, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
30
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/27/2026 | Sold | $1,495,000 |
| 1/2/2026 | Listed for sale | $1,495,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$9,353/mo
Principal & Interest
$7,957
Property Tax
$1,246
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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