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2400 NW 16th St RoadMiami, FL 33125

For Sale

$8,800,000

Smart Buyer Rebate $88,000

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

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 May 31, 2026

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Source: BeachesMLS #A12014138

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Sewell Park
  • Days on Prevu41
  • Taxes$70,391/year
  • Size25,899 sqft
  • Price per sqft$340

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Elevator
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

05/06/2026
Listed by The Keyes Company
$8,800,000

Property Details for 2400 NW 16th St Road

Association

Amenities

  • Association Amenities: Elevators

General

  • Number Of Units In Community: 2

Exterior

Construction

  • Number Of Units Total: 2
  • Property Condition: Resale, Updated Remodeled
  • Roof: Built Up, Other
  • Stories Total: 4
  • Structure Type: Multi Family
  • Year Built: 1974
  • Construction Materials: Block
  • Exterior Features: Balcony, Outdoor Living Area

Features

  • Fencing: Fenced
  • Patio And Porch Features: Open, Patio, Balcony
  • Pool Features: In Ground
  • Pool Private: Yes

Measurements

  • Building Area Total: 25,899
  • Lot Features: Corner Lot

Financial

Residential Income

  • Gross Income: $685,080.00

Taxes

  • Parcel Number: 0131340230010
  • Tax Annual Amount: $70,391.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Laminate, Other

Measurements

  • Living Area: 25,899

Other

Location

  • Subdivision Name: KAYS EST

Parking

Parking

  • Parking Total: 45

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central, Separate Meters
  • Has Heating: Yes
  • Laundry Features: Outside
  • Sewer: PublicSewer
  • Utilities: Cable Available

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2400 NW 16th St Road.

Does this multi-family home have parking?

Yes, there are 45 parking spaces available for 2400 NW 16th St Road.

What are the annual taxes for 2400 NW 16th St Road?

Annual taxes for this multi-family home are estimated at $70,391.

What building or home owners association is the multi-family home part of?

This multi-family home is in the KAYS EST building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 25,899 sqft.

2400 NW 16th St Road is a -bedroom multi-family home for sale in Miami FL 33125. Available on Prevu for 41 days at $8,800,000. This property features 25,899 square feet of living space, located in North Sewell Park. The median listing price for multi-family homes in this area is $385,000. The home offers private outdoor space, pets allowed, elevator, parking, and swimming pool. Browse more multi-family home listings in Miami.

Based on information from Beaches MLS 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.

Full MLS Disclaimers

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.