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$8,200,000

134 Days On Site

2400 NW 16th St Rd
Miami, FL 33125

For Sale|Multi Family|Active

Beds

Total Baths

25,899

SqFt

$317

/SqFt

1974

Built

County:

Miami-Dade

Call Now: 786-704-8135

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786-704-8135

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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.

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Listing Snapshot

Price

$8,200,000

Days On Site

134 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

2 months ago		Price changed to $8,200,000
2 months ago		Listing updated with changes from the MLS®
4 months ago		Listing first seen on site

General Features

Parking Spaces

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

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.

Neighborhood & Commute

Source: Walkscore

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2400 NW 16th St RdMiami, FL 33125

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2400 NW 16th St Rd
Miami, FL 33125