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2400 NW 16th St Rd
Miami, FL
Description
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... Read more
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Contact the Agent
J. Esteban Garcia
Realtor Associate
Pembroke Pines Office
The Keyes Company is an exclusive member of Forbes Global Properties in Miami-Dade County, Broward County, Palm Beach County, Martin County, Lee County, and Monroe County. Forbes® is a registered trademark used under license.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/24/2026. The listing information on this page last changed on 05/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 05/24/2026 12:11:18 AM EST) or Miami MLS (last updated Sun 05/24/2026 12:08:32 AM EST) or Stellar MLS (last updated Sat 05/23/2026 11:59:18 PM EST) or SPC MLS (last updated Sat 05/23/2026 11:21:03 PM EST) or Martin MLS (last updated Sat 05/23/2026 11:38:08 PM EST) or Indian River MLS (last updated Sat 05/23/2026 11:30:15 PM EST) or Daytona MLS (last updated Sat 05/23/2026 11:36:46 PM EST) or Fort Myers (last updated Sat 05/23/2026 11:04:32 PM EST) or Sanibel (last updated Sat 05/23/2026 11:23:30 PM EST) or Tallahassee MLS (last updated Sat 05/23/2026 10:48:04 PM EST) or Northeast Florida MLS (last updated Sun 05/24/2026 12:08:54 AM EST) or Beaches MLS (last updated Sat 05/23/2026 2:39:39 AM EST) or Naples MLS (last updated Sat 05/23/2026 11:40:21 PM EST) or Bonita Springs MLS (last updated Sat 05/23/2026 11:02:19 PM EST) or PBI MLS (last updated Sat 05/23/2026 11:21:24 PM EST) or Florida Keys MLS (last updated Sat 05/23/2026 8:29:35 PM EST). Real estate listings held by brokerage firms other than The Keyes Company may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/24/2026. The listing information on this page last changed on 05/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 05/24/2026 12:11:18 AM EST) or Miami MLS (last updated Sun 05/24/2026 12:08:32 AM EST) or Stellar MLS (last updated Sat 05/23/2026 11:59:18 PM EST) or SPC MLS (last updated Sat 05/23/2026 11:21:03 PM EST) or Martin MLS (last updated Sat 05/23/2026 11:38:08 PM EST) or Indian River MLS (last updated Sat 05/23/2026 11:30:15 PM EST) or Daytona MLS (last updated Sat 05/23/2026 11:36:46 PM EST) or Fort Myers (last updated Sat 05/23/2026 11:04:32 PM EST) or Sanibel (last updated Sat 05/23/2026 11:23:30 PM EST) or Tallahassee MLS (last updated Sat 05/23/2026 10:48:04 PM EST) or Northeast Florida MLS (last updated Sun 05/24/2026 12:08:54 AM EST) or Beaches MLS (last updated Sat 05/23/2026 2:39:39 AM EST) or Naples MLS (last updated Sat 05/23/2026 11:40:21 PM EST) or Bonita Springs MLS (last updated Sat 05/23/2026 11:02:19 PM EST) or PBI MLS (last updated Sat 05/23/2026 11:21:24 PM EST) or Florida Keys MLS (last updated Sat 05/23/2026 8:29:35 PM EST). Real estate listings held by brokerage firms other than The Keyes Company may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
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All Property Features
- Property Type: Multi Unit - Multiple
- Building Features: Laundry Facility
- Cooling: Central Air
- Crops Included Y/N: No
- Days on Site: 18
- Exterior: Concrete Block Construction, CBS Construction
- Exterior Features: Balcony, Open Balcony
- Fenced: Yes
- Fencimg: Fenced
- Flooring: Other
- Heating: Central
- Home Warranty Y/N: No
- Interior Features: Elevator, Stairs
- Lease Considered Y/N: No
- Listing Terms: All Cash, Conventional, Owner Will Carry
- Lot Description: Corner Lot
- Parcel#: 01-31-34-023-0010
- Patio/Porch: Open Balcony, Patio
- Pool: In Ground
- Property Attached Y/N: No
- Property Sub-Type: Quadruplex
- Roof Type: Built-Up, Other
- Sewer: Public Sewer
- Stories: 4.0
- Taxes: $70,391
- Units: 27
- Window: High Impact Windows, Impact Glass, Verticals
- Year Built: 1974