2400 NW 16th St Rd Miami FL 33125 MLS #A11899193
2400 NW 16th St Rd
Miami, FL, 33125
$9,000,000
Beds
0 Baths
25,899 SqFt
0 Acres
$9,000,000
2400 NW 16th St Rd
Miami, FL, 33125
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Exceptional 27-unit multifamily in the heart of Little Havana. Strong and stable income with great upside through rent adjustments. All units are currently under contract, with the majority recently renewed for 12-month terms in April, providing immediate income stability. Units rent quickly with minimal annual turnover, and most tenants are long-term residents. Features include central A/C, new elevator, pool, laundry with new machines, hurricane-impact windows, and ample parking. Excellent location just minutes from Brickell, Downtown, and Coral Gables. Current cap rate of approximately 7.04%. All figures are approximate and deemed reliable.

Property Details

Price:
$9,000,000
MLS #:
A11899193
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
KAYS EST
Neighborhood:
kaysest
Listed Date:
Oct 20, 2025
Finished Sq Ft:
25,899
Total Sq Ft:
25,899
Year Built:
1974
Units:
27
PoolKays EstKaysestKays Est

Schools

Interior

Cooling
Central Air
Flooring
Other
Heating
Central
Interior Features
Elevator, Stairs

Exterior

Building Features
Laundry Facility
Construction Materials
Concrete Block Construction, CBS Construction
Exterior Features
Balcony, Open Balcony
Fencing
Fenced
Lot Features
Corner Lot
Parking Spots
45
Parking Total
45
Patio And Porch Features
Open Balcony, Patio
Roof
Built-Up, Other
Stories
4
Window Features
High Impact Windows, Impact Glass, Verticals

Financial

Net Operating Income
$633,840
Tax Year
2024
Taxes
$70,391
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Current real estate data for Multi Family in Miami as of Apr 16, 2026
496
Multi Family Listed
147
Avg DOM
474
Avg $ / SqFt
$1,134,824
Avg List Price

Community

Subdivisions in Miami

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Property Summary

    Located in the KAYS EST subdivision, 2400 NW 16th St Rd Miami FL is a Multi Family for sale in Miami, FL, 33125. It is listed for $9,000,000
2400 NW 16th St Rd
Miami, FL