Tour
$10,000 Closing Credit¹
#A11762399, Joao Barbosa, Listing office: Sustainable RE, LLC.
$1,495,000 List price
1621 NW 16th St Miami, FL 33125
$10,000
Closing credit¹
3,728 sqft
$401 / sqft
Multi-Family
Property details
About 1621 NW 16th St
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 market—great cash flow with strong upside. Ideal for investors seeking income and redevelopment potential.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,728 sqft
Year built1978
MLS #A11817594
Virtual tour
Summary
- Flooring Type: Tile
- Exterior: Lighting
- Architectural Style: Fourplex
- Heating: Central
- Cooling: Central Air
- List Price: $1,495,000
- Price/SqFt: $401
- Annual Tax Amount: $12,352
- Tax Year: 2023
- Year Built: 1978
- Stories: 2
- Living Area: 3,728 SqFt
- MLS Number: A11817594
- MLS Name: SEFMIAMI
- Office Name: Eleventrust LLC
- Office Phone: (305) 299-4124
- Office Email: info@eleventrust.com
- Listing Agent: David Fermoselle
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 6:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,495,000
1621 NW 16th St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $679,832 | $12,352 |
| 2022 | $619,239 | $11,255 |
| 2021 | $567,637 | $11,255 |
| 2020 | $469,214 | $10,600 |
| 2018 | $345,057 | $7,833 |
| 2017 | $373,906 | $7,066 |
History based on county public records data.
Nearby schools
3
Comstock Elementary School
Public District PK-5
0.7 mi
•2420 NW 18th Ave
2
Citrus Grove Elementary School
Public District PK-5
0.9 mi
•2121 NW 5th St
4
Maya Angelou Elementary School
Public District PK-5
1.1 mi
•1850 NW 32nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $15,939. The most common annual income of people living in Miami, FL is less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
78%
<35k
19%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
60%
Single, No Kids
18%
Single, with Kids
11%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
32%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1621 NW 16th St
The listing price of 1621 NW 16th St property is $1,495,000.
The property 1621 NW 16th St is a multi located in Miami, Florida, 33125.
Active Listing: 1621 NW 16th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1621 NW 16th St are: Comstock Elementary School (GreatSchools Rating 3/10), Citrus Grove Elementary School (GreatSchools Rating 2/10), Maya Angelou Elementary School (GreatSchools Rating 4/10), Sports Leadership and Management (Slam) Charter Middle School (GreatSchools Rating 5/10), Mater Preparatory Academy (GreatSchools Rating 7/10), Lincoln-Marti Charter School Little Havana Campus (GreatSchools Rating 8/10), Sports Leadership of Miami Charter High School (GreatSchools Rating 7/10), Mater Virtual Academy Charter Middle/High School (GreatSchools Rating 4/10), Secondary Student Success Center 802 (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $12,352 (source: MLS/based on county public records data).
The property 1621 NW 16th St is 3,728 SqFt (source: MLS/tax record).
The year of construction for 1621 NW 16th St is 1978.
This home is located at 1621 NW 16th St in Miami, FL and zip code 33125 in the Civic Center neighborhood. This 3,728 square foot home was built in 1978. Features: 0 bathroom. It has been listed on Rocket Homes since June 7, 2025 and is currently priced at $1,495,000.
While more than 53 listings in Miami, FL in May 2025 were sold above asking price, there were more than 98 listings sold at asking price, and more than 602 were sold below. Between April and May 2025, Miami, FL real estate market has seen increase in the number of listings by 8.2%. While the average time on the market in May 2025 was 68 days, the median list price was $585,197.
From Rocket Homes Real Estate and based on county public records data.