FOR SALE

2400 16th St Rd

Miami-dade, Kays Est, Miami, FL

Asking

$8,800,000

BTC

108.012

ETH

3,747.10

Home Size
25,899 sq. ft.
Year Built
1974
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.

LOADING

Location

Market Area
Miami-Dade
Neighborhood
KAYS EST

Agent

Juan Garcia

+1 310 910 1722

Contact Email

[email protected]