There are multiple listings for this address:
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
See this Listing
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
Tax Year
2025
Taxes
$70,391
Map
Community
- Address2400 NW 16th St Rd Miami FL
- SubdivisionKAYS EST
- CityMiami
- CountyMiami-Dade County
- Zip Code33125
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2400 NW 16th St Rd
Miami, FL
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
See this Listing
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
Tax Year
2025
Taxes
$70,391
Map
Community
- Address2400 NW 16th St Rd Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33125
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