1621 NW 16th St, Miami FL 33125

$1,500,000

$402.36/Sq Ft

  • N/A Beds
  • N/A Baths
  • N/A Parking
  • 3728 ft²
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, 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.

Marvel Avellanet
Marvel Avellanet

Real Estate Broker

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Technical Summary
Price$1,500,000
BedsN/A
BathsN/A
Area3728 ft²
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