Commercial property in Miami, Florida 346.34 sq.m. № 1774312

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Commercial property in Miami, Florida 346.34 sq.m. № 1774312
ID1774312 $ 1 495 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1774312

Property description

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.
MLS #: A11817594
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CityMiami
Address1621 NW 16th St, Miami FL 33125
TypeCommercial property
Living space346.34 m²
  • sq. ft
Completion dateIV quarter, 1978
Parking places7
Price
  • Price
  • per m²
$ 1 495 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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