Active - Other for sale
2400 NW 16th St Rd, Miami FL 33125
Facts & features
Why you’ll love it
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.
Listings courtesy of The Keyes Company.
Listed by: Juan Garcia • 954-995-8360 • The Keyes Company
Co-listed by: The Keyes Company
Source: Miami MLS, MLS#: A12018511
Based on info available as of Nov 12, 2026 at 7:10 PM EST.
Come see by yourself
Affordability
$47,330/mo
- Mortgage$41,464
- Property tax$5,866
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$164,000 Credit back
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Travel times
About Miami
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Disclaimer
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Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
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Based on information as of Nov 12, 2026 at 07:10pm EST.
Make a winning offer, and get up to
$164,000 Credit back