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For Sale
Listed on May 6, 2026

2400 NW 16TH ST

$8,800,000
0 Beds
0 Baths
25,899 sqft
45 Parkings
Lot size:
-
Annual Tax:
$70,391
Occupancy:
Contact Agent
Year Built:
1974
Property type:
Multifamily
#MLS:
A12014138

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.
The Keyes Company

Features & Details

Learn about the features and details of 2400 NW 16TH ST

Property Details

  • Property Type
    Quadruplex
  • Living Area
    25,899 sqft
  • Year Built
    1974
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $70,391
  • List Date
    5/6/2026
  • Updated
    5/23/2026
  • Last Checked
    Recent
  • MLS Number
    #A12014138
  • Brokerage
    The Keyes Company
  • Postal Code
    33125
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    CallAgent
  • List Price
    $8,800,000
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    InGround,Pool
  • Patio
    Balcony,Open,Patio
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    None
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 2400 NW 16TH ST

Real estate trends

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Explore Miami-Dade

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FAQs About 2400 NW 16TH ST

2400 NW 16TH ST, MLS® A12014138 has a size of 25899 sqft.

There are bedrooms and bathrooms in this Multifamily at 2400 NW 16TH ST, MLS® A12014138.

Yes, there is parking available with 45 spot(s).

Annual taxes for this home are $70,391 based on 2025 tax year reports.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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2400 NW 16TH ST
2400 NW 16TH ST