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KAYS EST MIAMI A12014138

2400 NW 16TH ST RD, Miami, FL 33125


KAYS EST 2400 NW 16TH ST RD MIAMI



MLS#A12014138
Listing dateMay 6, 2026
Price$ 8 200 000 -7%
Square Footage25899 ft² (2406m²)
Price Per Foot$ 317/ft² ($ 3 408/m²)
Taxes$ 70 391/Year
Year Built1974
Adress2400 NW 16TH ST RD,
Miami, FL 33125
CountyMiami-Dade County

REMARKS:


KAYS EST 2400 NW 16TH ST RD MIAMI. 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.


If you are interested in buying property located at 2400 NW 16TH ST RD, Miami, FL 33125, call us today!


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Sale price is $ 8 200 000 ($ 317/ft²).

FEATURES:


- Balcony

2400 NW 16TH ST RD, MIAMI, FL 33125 - LOCATION


Source: Southeast Florida MLS. Data updated -. Information is deemed reliable but not guaranteed. Copyright © 2012. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS)


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