Map
Link Copied
Listed price in listed location currency (USD).
$8,800,000

0045

MLS® A12014138

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 25899 sqft
Garage 
Taxes $70,391
Days Active 8
Lot Size 
Approx. Age 1974
Avg. Price Per Sqft $339
MLS® Number A12014138

Property Address: 2400 Nw 16th Street Rd, Miami, FL, 33125-1251

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA12014138
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1974
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 6, 2026List Date
$8,800,000List Price
-End Date
Not Sold YetSold Price

For Sale

Oct 20, 2025List Date
$9,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
2400 Nw 16Th Street Rd, Miami, FL

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties