2400 NW 16th St Rd, Miami FL 33125
Quadruplex at KAYS EST in Miami
$8,800,000
n/a
n/a
25899
Quadruplex, Residential Income
Details
Overview
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 Gables.
This quadruplex home located at 2400 NW 16th St Rd, Miami FL 33125 is currently for sale and has been available on Brickellsold for 31 days. This property is listed at $9M. It has N/A beds, N/A bathrooms, and is 25899 square feet. It was built in 1974. 2400 NW 16th St Rd, Miami FL 33125 is in Miami county Miami-Dade County.
Interior
- Flooring: Other
- Common walls with other units/homes:
Property
- Parking Features:
- Entry location: Elevator, Stairs
- Exterior Features: Balcony, Open Balcony
- View Description:
Construction
- Year Built: 1974
Community & HOA
- Security Features:
- Subdivision: KAYS EST
- Amenities:
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- MIAMI BRIDGE NORTH • 0.0 mi • K-12
- KENSINGTON PARK ELEMENTARY SCHOOLC • 0.0 mi • K-12
- CITRUS GROVE ELEMENTARY SCHOOLA • 0.0 mi • K-12
- CITRUS GROVE MIDDLE SCHOOLA • 0.0 mi • K-12
- COMSTOCK ELEMENTARY SCHOOLC • 0.0 mi • K-12
- EARLY BEGINNINGS ACADEMY • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.