$1,050,000
SOLD FEB 26, 2025

1621 NW 16th St Miami, FL 33125

Allapattah Neighborhood
-- Bed
-- Bath
3,728 Sq Ft
1978 Built

Recently Sold

$282 Per Sq Ft

30% Below List Price

157 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling Available
  • Ceiling Fan

About This Home

As of February 2025

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.

Last Agent to Sell the Property

Julian Yuken

Guillen License #3563660 Listed on: 08/26/2024

Co-Listed By

Yolymiler Diaz

Guillen License #3288184

Last Buyer's Agent

Yolymiler Diaz

Guillen License #3288184

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,352

Year Built

  • Built in 1978

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,728 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 3 Units
  • Blanton Park Condos
  • Blanton Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-35-004-0230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,352

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1978
  • Property Sub Type: Duplex
  • Co List Office Mls Id: GUIL01
  • Co List Office Phone: 786-277-6968
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: BLANTON PARK
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Ceramic Floor, Other
  • Living Area: 3728
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BLANTON PARK
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-35-004-0230
  • Zoning: 4601
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12352

Multi Family

  • Number Of Units In Community: 3

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Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 For Sale $1,495,000 +42.4% $401 / Sq Ft
02/26/2025 02/26/25 Sold $1,050,000 -30.0% $282 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
08/26/2024 08/26/24 For Sale $1,500,000 -- $402 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    David Fermoselle

    Eleventrust LLC

    (305) 299-4124

    13 Total Sales

    David Fermoselle
    Section Image
  • Julian Yuken

    Seller's Agent in 2025

    Julian Yuken

    Guillen

    (786) 973-9488

    1 in this area

    2 Total Sales

    Julian Yuken
    Section Image
  • Yolymiler Diaz

    Seller Co-Listing Agent in 2025

    Yolymiler Diaz

    Guillen

    2 in this area

    19 Total Sales

    Yolymiler Diaz
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11670107

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33125 Allapattah

1621 NW 16th St, Miami, FL

This home is located at 1621 NW 16th St, Miami, FL 33125 and is currently priced at $1,050,000, approximately $281 per square foot. This property was built in 1978. 1621 NW 16th St is a home located in Miami-Dade County with nearby schools including Paul Laurence Dunbar K-8 Center, Citrus Grove Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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