Do Real Estate on the Go!
- Overview
- Description
- Property Details
- Location
Do Real Estate on the Go!
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$8,800,000
3 Beds
2 Baths
25,899sqft
2400 Nw 16Th St Rd, Miami, FL 33125
$8,800,000
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Quadruplex
Built in 1974
$-- HOA
-- sqft lot
$340/sq.ft
Description
Current cap rate: 6.15%. 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.
- Houzeo last checked: 20 minutes ago
- Listing updated: May 6, 2026 at 9:01 pm
- Listing Provided by: Juan Garcia (954) 995-8360 DRE #3580075 | The Keyes Company (954) 966-0631
- Source: Miami MLS-FL | MLS#: A12014138
Property Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
Year Built
1974
HOA Fees
-
Finished Area
25,899 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Miami MLS
MLS Number
A12014138
MLS Status
Active
Days on Market
66
Cumulative Days on Market
197
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
