2400 NW 16th St Rd Miami FL 33125 MLS #A12014138

There are multiple listings for this address:
2400 NW 16th St Rd
Miami, FL, 33125
$8,200,000
Beds
0 Baths
25,899 SqFt
0 Acres
Add
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.

Property Details

Price:
$8,200,000
MLS #:
A12014138
Status:
Active
Beds:
0
Baths:
0
Address:
2400 NW 16th St Rd
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
KAYS EST
Neighborhood:
kaysest
City:
Miami
Listed Date:
May 6, 2026
State:
FL
Finished Sq Ft:
25,899
Total Sq Ft:
25,899
ZIP:
33125
Year Built:
1974
Units:
27
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Schools

Interior

Cooling
Central Air
Flooring
Other
Heating
Central

Exterior

Construction Materials
Concrete Block Construction, C B S Construction
Exterior Features
Balcony, Open Balcony
Parking Spots
45
Roof
Built- Up, Other

Financial

Net Operating Income
$573,769
Tax Year
2025
Taxes
$70,391

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Community

Similar Listings Nearby

2400 NW 16th St Rd
Miami, FL
2400 NW 16th St Rd
Miami, FL, 33125
$8,200,000
Beds
0 Baths
0 SqFt
0 Acres
Add
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.

Property Details

Price:
$8,200,000
MLS #:
A12018511
Status:
Active
Beds:
0
Baths:
0
Address:
2400 NW 16th St Rd
Type:
Commercial
Subtype:
Quadruplex
Subdivision:
KAYS EST
Neighborhood:
kaysest
City:
Miami
Listed Date:
May 13, 2026
State:
FL
Total Sq Ft:
25,899
ZIP:
33125
Year Built:
1974
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Cooling
Central Air
Flooring
Other
Heating
Central

Exterior

Construction Materials
Concrete Block Construction, C B S Construction
Exterior Features
Balcony, Open Balcony
Parking Spots
45
Roof
Built- Up, Other

Financial

Net Operating Income
$573,769
Tax Year
2025
Taxes
$70,391

Map

Community

Similar Listings Nearby