Property Details
| Asking Price | $8,200,000 |
|---|---|
| Price per SqFt | $317 |
| Maintenance fee | Inquire |
| Property Taxes | $70,391 2025 |
| Interior Space | 25,899 SqFt |
| Beds/Baths | —/— |
| Year Built | 1974 |
| Pool | Yes |
| MLS # | A12014138 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by The Keyes Company
Sales History for This Home · 2400 NW 16th St Road, Miami, FL 33125
Sales history is unavailable for this property
Listed by The Keyes Company. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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