Exceptional 27-unit multifamily in the heart of Little Havana. Strong and stable income with great upside through rent adjustments. Most tenants are long-term residents, many now month-to-month, providing flexibility for renovations or repositioning. Units rent fast with minimal annual turnover. Features central A/C, new elevator, pool, laundry with new machines, hurricane-impact windows, and ample parking. Excellent location minutes from Brickell, Downtown, and Coral Gables. The process of increasing rents and maximizing income has begun. All figures are approximate and deemed reliable but not guaranteed.
Listed by Juan Garcia
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License #3580075
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The Keyes Company
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954-995-8360
Last updated October 22, 2025
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Source: MIAMIRE #A11899193
Listing Facts
TypeMulti-family
NeighborhoodNorth Sewell Park
Days on Prevu3
Taxes$70,391/year
Size25,899 sqft
Price per sqft$348
Amenities
Private Outdoor Space
Pets Allowed
Air Conditioning
Elevator
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
10/20/2025
Listed by The Keyes Company
$9,000,000
Property Details for 2400 NW 16th St Rd
Association
General
Number Of Units In Community: 2
Exterior
Construction
Number Of Units Total: 27
Property Condition: Substantially Remodeled
Roof: Built-Up, Other
Stories: 4
Stories Total: 4
Structure Type: Quadruplex, Fourplex
Window Features: High Impact Windows, Impact Glass, Verticals
Year Built: 1974
Year Built Details: Resale
Building Name: KAYS EST
Construction Materials: Concrete Block Construction, CBS Construction
Exterior Features: Balcony, Open Balcony
Features
Building Features: Laundry Facility
Fencing: Fenced
Patio And Porch Features: Open Balcony, Patio
Pool Features: In Ground
Measurements
Building Area Total: 25,899
Building Area Units: Square Feet
Lot Features: Corner Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 01-31-34-023-0010
Tax Annual Amount: $70,391.00
Tax Year: 2024
Interior
Features
Flooring: Other
Interior Features: Elevator, Stairs
Measurements
Living Area: 25,899
Living Area Units: Square Feet
Other
Location
Subdivision Name: KAYS EST
Parking
Parking
Parking Total: 45
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Sewer: Public Sewer
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.