- MLS® #: A11536262
- N/a
- Miami, FL 33133-4416
- $10,000,000
- Business
NEW
- MLS® #: A12018511
- 2400 Nw 16th St Rd
- Miami, FL 33125-1251
- $8,800,000
- Business
Current cap rate: 6.25%. 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.
View Virtual TourEssential Information
- MLS® #A12018511
- Price$8,800,000
- CAD Dollar$12,108,378
- UK Pound£6,571,778
- Euro€7,587,994
- Bathrooms0.00
- Year Built1974
- TypeBusiness
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address2400 Nw 16th St Rd
- Area31
- CityMiami
- CountyMiami-Dade
- StateFL
- Zip Code33125-1251
Amenities
- Parking Spaces45
Interior
- InteriorLaminate, Other
- HeatingCentral
- CoolingCentral Air
- # of Stories4
Exterior
- WindowsImpact Glass
- RoofBuilt-Up, Other
- ConstructionBlock
- Office: The Keyes Company
2400 Nw 16th St Rd on www.jupiteroceanfronthomes.us
Offered at the current list price of $8,800,000, this home for sale at 2400 Nw 16th St Rd features bedrooms and 0 bathrooms. This real estate listing is located in of Miami, FL 33125-1251 . 2400 Nw 16th St Rd is listed under the MLS ID of A12018511 and has been on the Miami real estate market for 5 days.Facts About Miami, FL
Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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