2400 NW 16th St Rd Miami FL 33125 MLS #A12018511

2400 NW 16th St Rd
Miami, FL, 33125
$8,200,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #A12018511 image #0
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.

Property Details

Price:
$8,200,000
MLS #:
A12018511
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
May 13, 2026
Total Sq Ft:
25,899
Year Built:
1974
Apartments,residential-multi-family

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Schools

Interior

Cooling
Central Individual A/C
Flooring
Other
Heating
Central Individual A/C

Exterior

Building Features
Airport Access, Balconies, City Licenses, Elevator, Kitchen Facilities, Laundry Facilities, Pool
Construction Materials
Concrete Block Construction, CBS Construction
Parking Spots
45
Parking Total
45
Roof
Built-Up, Other
Stories
4
Window Features
Complete Impact Glass

Financial

Taxes
$70,391

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Commercial in Miami as of Aug 08, 2026
916
Commercial Listed
204
Avg DOM
$1,532,501
Avg List Price

Property Summary

    2400 NW 16th St Rd Miami FL is a Commercial for sale in Miami, FL, 33125. It is listed for $8,200,000 To schedule a showing of MLS#a12018511 at 2400 NW 16th St Rd in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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disclosure
Courtesy of The Keyes Company. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Miami, FL. All rights reserved.
Rover IDX
2400 NW 16th St Rd
Miami, FL