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Active - Other for sale

2400 NW 16th St Rd, Miami FL 33125

Facts & features

Other Property type
184 days on Beycome
1974 Year built

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.

Translating description...

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 Miami MLS logo

Based on info available as of Nov 12, 2026 at 7:10 PM EST.

Come see by yourself

Affordability

$5,330,000$11,070,000
1%20%
0%90%
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Estimated monthly payment

$47,330/mo

  • Mortgage$41,464
  • Property tax$5,866
  • HOA fee
  • Homeowners insurance
Due at closing$6,519,000
Down payment held in escrow$1,640,000
Closing costs$123,000
beycome credit Est.$164,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. 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. Copyright ©2026. Based on information as of Nov 12, 2026 at 07:10pm EST.

$8,200,000 Listed price

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