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 6.26%. All figures are approximate and deemed reliable.
For sale
$9,000,000
2400 NW 16th Street Rd, Miami, FL 33125
4beds
2baths
25,899sqft
Est.:
Quadruplex
Built in 1974
-- sqft lot
$-- Zestimate®
$348/sqft
$-- HOA
What's special
Ample parkingLaundry with new machinesHurricane-impact windows
- 164 days |
- 356 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: April 01, 2026 at 06:14pm
Listed by:
Juan Garcia 954-995-8360,
The Keyes Company
Source: MIAMI,MLS#: A11899193
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Elevator, Stairs
- Flooring: Other
- Windows: High Impact Windows, Impact Glass, Verticals
Interior area
- Total structure area: 25,899
- Total interior livable area: 25,899 sqft
Video & virtual tour
Property
Parking
- Total spaces: 45
Features
- Stories: 4
- Patio & porch: Patio
- Exterior features: Balcony
- Has private pool: Yes
- Pool features: In Ground
- Fencing: Fenced
Lot
- Features: Corner Lot
Details
- Parcel number: 0131340230010
- Zoning: 4600
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction, CBS Construction
- Roof: Built-Up,Other
Condition
- Updated/Remodeled
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Kays Est
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $348/sqft
- Annual tax amount: $70,391
- Date on market: 10/20/2025
- Listing terms: All Cash,Conventional,Owner Will Carry
- Total actual rent: 708768
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Listed for sale | $9,000,000+63.6%$348/sqft |
Source:  MIAMI #A11899193 Report a problem | ||
| 7/26/2021 | Listing removed | -- |
Source: MIAMI #A10947193 Report a problem | ||
| 7/25/2021 | Listed for sale | $5,500,000$212/sqft |
Source: MIAMI #A10947193 Report a problem | ||
| 4/27/2021 | Listing removed | -- |
Source: MIAMI #A10947193 Report a problem | ||
| 10/23/2020 | Listed for sale | $5,500,000$212/sqft |
Source: MIAMI #A10947193 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$58,498/mo
Principal & interest
$44698
Property taxes
$13800
More affordability tools
Climate risks
Neighborhood: Flagami
Nearby schools
GreatSchools rating
- 2/10Comstock Elementary SchoolGrades: PK-5Distance: 0.9 mi
- NACitrus Grove Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Miami Jackson Senior High SchoolGrades: 9-12Distance: 1.6 mi
Local experts in 33125
- Florida
- Miami-Dade County
- Miami
- 33125
- Flagami
- 2400 NW 16th Street Rd
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