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2400 NW 16th St Road

Miami, FL 33125
Square Ft.
25,899
Active
Commercial
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$8,800,000
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… Read MoreRead Less
Courtesy of Juan Garcia, The Keyes Company 954-966-0631
Listing Snapshot
Days Online
36
Last Updated
Property Type
Multi Family
Square Ft.
25,899
Lot Size
0.43 Acres
Year Built
1974
MLS Number
A12018511
30 Days Snapshot Of 33125
$195k
0%
(avg) sold price
60
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1974, Building features: "Balconies", "Elevator(s)", "Kitchen Facilities", "Laundry Facilities", "Pool", Construction materials: "Block", "CBS", Toal building area: 25899, 2 total units
Cooling
"Central Individual"
Floors
"Laminate"
Heating
"Central Individual"
Lot
0.43 acres
Parking
45 total parkings
Property
Zoning: 4600
Roof
"Built-Up"
Taxes
Annual amount: $70,391
Tenant Pays
"Electricity", "HVAC Maintenance", "Interior Electric", "Interior Maintenance", "Maintenance"
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Schools In The Area

Check out nearby schools with ratings and contact info.
Comstock Elementary School 305-635-7341 Public PK-5
Citrus Grove Middle School Telephone N/A Public 6-8
Miami Jackson Senior High School 305-634-2621 Public 9-12
Comstock Elementary School 305-635-7341 Public PK-5
Comstock Elementary School 305-635-7341 Public PK-5
Citrus Grove Middle School Telephone N/A Public 6-8
Miami Jackson Senior High School 305-634-2621 Public 9-12

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