BLANTON PARK

1621 NW 16th St, Miami FL 33125

3,728 ft²

Closed

$1,495,000

Est. Payment $7,957/mo

MLS Sheet Video

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.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

36

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).

5/27/2026Sold$1,495,000
1/2/2026Listed 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

1621 NW 16th St, Miami FL 33125Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$9,353/mo

Principal & Interest

$7,957

Property Tax

$1,246

Insurance

$150

HOA

$0

20% ($299,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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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.

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