No photos available
Offered at
$8,800,000
2400 NW 16th St Road, Miami, FL 33125
- 0
- Beds
- 0
- Full Baths
- 25,899
- Sq.Ft.
Listing courtesy of Juan Garcia, The Keyes Company
Property Description
Current cap rate: 6.15%. Exceptional 27-unit multifamily property in the heart of Little Havana. Strong and stable income with significant upside potential through rent adjustments or renovations. All units are currently under contract, with most leases recently renewed through May 2027, providing immediate income stability. Units rent quickly with minimal annual turnover, and the majority of tenants are long-term residents. Property features include central A/C, a new elevator, swimming pool, laundry facilities with new machines, impact windows and doors, and ample parking. Prime location just minutes from Brickell, Downtown Miami, and Coral Gables.
Overview
At a glance
- Property Type
- Residential Income
- Property Sub-Type
- Quadruplex
- Address
- 2400 NW 16th St Road, Miami, FL 33125
- Zoning
- 4600
- MLS ID
- A12014138
- Listing Date
- 2026-05-06
- Last Updated
- 5/31/2026, 9:06:13 PM
- Days on Market
- 36
- Subdivision
- KAYS EST
Features & Amenities
The Details
Interior
- Flooring
- Laminate, Other
- Laundry
- Outside
Exterior
- Construction
- Block, CBS
- Exterior Features
- Balcony
- Patio & Porch
- Patio
- Pool
- In Ground
- Fencing
- Fenced
- Sewer
- Public Sewer
- Utilities
- Cable Available
- Cooling
- Central Air
- Heating
- Central, Separate Meters
Details
- Building Area
- 25,899 sq.ft.
- Subdivision
- KAYS EST
- Stories
- 4
- Year Built
- 1974
- County
- Miami-Dade
- Zoning
- 4600
Financial
- List Price
- $8,800,000
- Original List Price
- $8,800,000
- Annual Tax
- $70,391/yr
- Tax Year
- 2025
Location
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Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.