1621 16th St ,Duplex, Blanton Park for Sale

1621 16th St for Sale

Price $1,500,000.00

• Lot size 3728
• Year Build 1978
• Waterfront
• Zip 33125
• Style
• Parking Description
• Pool Yes
• Status Active

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.

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BLANTON PARK PB 9-58 LOT 31 LOT SIZE 6400 SQUARE FEET OR 17128-1297 0995 4

Less Than 1/4 Acre Lot

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.

City:Miami,Zoning:4601,Cooling:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Flooring:1:Other,Latitude:25.7899836,Cooling Y N:1,Heating Y N:1,List Price:1500000,Listing Id:A11670107,Longitude:-80.2220527,Mls Status:Active,Year Built:1978,Living Area:3728,Postal Code:33125,Street Name:16th St,Coordinates:1:25.7899836,Photos Count:37,Building Name:BLANTON PARK,Days On Market:37,Listing Terms:1:Exchange,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Blanton Park,On Market Date:2024-08-26,Parcel Number:01-31-35-004-0230,Parking Total:5,Property Type:Residential Income,Stories Total:2,Street Number:1621,M I A M I R E_ Style:Duplex,Public Remarks: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.,County Or Parish:Miami-Dade County,List Office Name:Guillen,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2455,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:BLANTON PARK,Tax Annual Amount:12352,Unparsed Address:1621 NW 16th St, Miami FL 33125,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:3728,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:402.3605,Original List Price:1500000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-08-26,Originating System I D:miamire,Public Survey Section:35,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:1621,Tax Legal Description:BLANTON PARK PB 9-58 LOT 31 LOT SIZE 6400 SQUARE FEET OR 17128-1297 0995 4,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:3133,M I A M I R E_ Internet Remarks:Exceptional 5-unit multifamily property, zoned T6-8-R, offering incredible investment potential in a highly sought- after area.,Contract Status Change Date:2024-08-26,Internet Address Display Y N:1,Number Of Units In Community:3,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:402.36,