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$9,000,000
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Property Description
Exceptional 27-unit multifamily in the heart of Little Havana. Strong and stable income with great upside through rent adjustments. Most tenants are long-term residents, many now month-to-month, providing flexibility for renovations or repositioning. Units rent fast with minimal annual turnover. Features central A/C, new elevator, pool, laundry with new machines, hurricane-impact windows, and ample parking. Excellent location minutes from Brickell, Downtown, and Coral Gables. The process of increasing rents and maximizing income has begun. All figures are approximate and deemed reliable but not guaranteed.
Full Property Details
Full Property Details for 2400 NW 16th St Rd
General
- Price: $9,000,000
- Taxes: $70,391 (2024)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11899193
- Updated: 11/6/2025
- Added to Site: 126 day(s) ago
Rental Information
- Rent Includes: Hot Water, Gardener, Pest Control, Pool Maintenance, Sewer, Trash Collection, Water
Interior
- Interior Features: Elevator, Stairs
- Flooring: Other
Additional Information
- Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Balcony, Open Balcony
- Deck/Patio: Open Balcony, Patio
Parking
- Total Spaces: 45
Location
- Area: Kays Est
- County: Miami-Dade County
- Subdivision: KAYS EST
- Building Name: KAYS EST
Community
- Community Name: Kays Est
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Built-Up, Other
- Windows: High Impact Windows, Impact Glass, Verticals
- Stories/Levels: 4
- Building Size: 25899
- Square Feet: 25,899
- Living Area: 25,899 Sq. Ft.
- Year Built: 1974
- Property Condition: Substantially Remodeled
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Corner Lot
- Zoning: 4600
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $347.5
- Tax Amount: $70,391
- Tax Year: 2024
- Terms: All Cash, Conventional, Owner Will Carry
Disclosures and Reports
- Documents Avail.: Deposit - Last Months Rent, Deposit - Security, Financial Statement, Copy Of Lease(S), Other Available Information, Rent Rolls, Service Contracts, Existing Survey
- Legal Description: KAYS EST RESUB PB 30-44 LOTS 1 THRU 3 & E10FT OF LOTS 7 & 8 F/A/U FOLIO 01 3134 85 HER-DOM CONDO
- Property ID: 01-31-34-023-0010
Listed by The Keyes Company
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Schools
Schools serving 2400 NW 16th St Rd
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Comstock Elementary School 2420 Northwest 18th Avenue, Miami, FL 33142 | PK-5 | 0.9 mi |
Citrus Grove Middle School 2153 Northwest 3rd Street, Miami, FL 33125 | 6-8 | 0.9 mi |
Miami Jackson Senior High School 1751 Northwest 36th Street, Miami, FL 33142 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2400 NW 16th St Rd
Date
Details
Price
Change
Source
10/20/2025
Listed
$9,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2400 NW 16th St Rd
2400 NW 16th St Rd, Miami, FL 33125 (MLS# A11899193) is a Multi-Family property with 27 units containing 0 bedrooms and 0 full bathrooms. 2400 NW 16th St Rd is currently listed for $9,000,000 and was received on October 20, 2025. Want to learn more about 2400 NW 16th St Rd? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

