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$8,800,000
6 Days On Site
2400 NW 16th St RdMiami, FL 33125
For Sale|Multi Family|Active
0
Beds
0
Total Baths
25,899
SqFt
$340
/SqFt
1974
Built
County:
Miami-Dade
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Monthly Payment (Est.)
$40,149Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Current cap rate: 6.25%. 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.
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Listing Snapshot
Price
$8,800,000
Days On Site
6 Days
Bedrooms
N/A
Inside Area (SqFt)
25,899 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.43 Acres
Year Built
1974
MLS® Number
A12018511
Status
Active
Property Tax
$70,391
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 6 days ago | Listing first seen on site | |
| 7 days ago | Listing updated with changes from the MLS® |
General Features
Parking Spaces
45
Property Sub Type
Multi Family
SqFt Total
25899
Zoning
4600
Interior Features
Cooling
Central Air
Flooring
LaminateOther
Heating
Central
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Exterior Features
Construction Details
Block
Roof
Built-UpOther
Community Features
MLS Area
31
Listing courtesy of The Keyes Company
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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