1621 Northwest 16th Street
$1,900,000
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Description
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,...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.
- Listed by Yolymiler Diaz Guillen • Guillen and Associates Real Estate Consultants, In
Property Details for 1621 Northwest 16th Street
Area
31
AuctionNo
LISTING UPDATED: 08/27/2024 11:40 AM
Property Details for 1621 Northwest 16th Street
Status | Active |
---|---|
MLS # | A11648585 |
Days on Market | 114 |
Taxes | $12,352 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1978 |
Lot Size | 0.15 AC / 6,400 SF |
County | Miami-Dade County |
Building Information for 1621 Northwest 16th Street
Stories-Residences-Year Built1978Building Size-Lot Size0.15 AC / 6,400 SF
Property Information for 1621 Northwest 16th Street
Property History for 1621 Northwest 16th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1621 Northwest 16th Street
Taxable ValueLand$480,000Additions$199,832Total$679,832
Tax Record2023$12,352 ($1,029 / month)
Home Facts
Total Finished SqFt3,728 SqFtAbove Grade Finished SqFt3,728 SqFtStories2Lot Size6,400 SqFtStyleMulti-Family Dwelling (2-4)Year Built1978Zoning4601CountyMIAMI-DADEAPN01-3135-004-0230
Schools near 1621 Northwest 16th Street
This home is within Miami-Dade County Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Air Base K-8 Center for International Education PublicPK to 8 | ||
Paul Laurence Dunbar K-8 Center PublicPK to 8 | ||
Citrus Grove Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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