Property Back to Results Property

2400 NW 16th St Road, Miami, FL 33125

$8,200,000
25,899
SqFt
Property Back to Results Property
Add to Favorites Request Information Schedule Showing New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

View on Map Request Info Add to Favorites Schedule Showing
List Price
$8,200,000
Status
ACTIVE
Days on Market
184
Price Change
▼ $600,000 1784430171
MLS#
A12014138
Subtype
Residential Income
Year Built
1974
Living Area
25,899
Subdivision
Kays Est
MLS Area Major
2310
Contact Us Call Us View on Map Refine Search

(561) 660-2352

Property Description

Current cap rate: 7%. 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.

(561) 660-2352
Contact Us
Schedule Showing
Search All Properties

Additional Information

Amenities
Elevator(s)
Exterior Features
Balcony, Outdoor Living Area
Taxes
$70,391
Zoning
4600
Flooring
Laminate, Other
Heating
Central, Separate Meters
Air Conditioning
Central Air
Exterior Construction
CBS (Concrete Block Structure), Block
Stories
4
Roof
Built-Up, Other
Pool
Yes
Elementary School
Comstock
Middle School
Citrus Grove
High School
Miami Jackson
Request Info Schedule Showing Add to Favorites
Property Back to Results Property
Add to Favorites Request Information Schedule Showing New Search

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of The Keyes Company. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Juan Garcia | Email: estebangsrealtor@gmail.com