Fort Lauderdale Luxury & Waterfront Homes

Fourplex

2400 NW 16th St Rd

Miami, FL 33125

MLS#: A12014138

$8,800,000

Status: Active
Listing number: A12014138
Listing provided by: The Keyes Company
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
KAYS EST - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1974

Sq.Footage

25,899

Current cap rate: 6.15%. 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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Other Exterior Features

    Balcony

  • Patio and Porch Features

    Patio

  • Pool

    Yes

  • Pool Features

    In Ground

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Fourplex

Price

  • Sales Price

    $8,800,000

  • Tax Amount

    $70,391

  • Zoning

    4600

  • Sq. Footage

    25, 899

  • Price/SqFt

    $339

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    4

  • Sewer

    Public Sewer

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Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Juan Garcia , The Keyes Company

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Agent Jarrod Gaylis

Realtor

Jarrod Gaylis

Call Jarrod today to schedule a private showing.

(305) 790-0199

jgaylis@perfectpropertiesfl.com


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Current cap rate: 6.15%. 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.

2400 NW 16th St Rd

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