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 marketgreat cash flow with strong upside. Ideal for investors seeking income and redevelopment potential.
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1621 NW 16th St, Miami, FL 33125 · MLS# A11937772
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