$8,200,000

$44,019 est/mo Sourced by Back At You

2400 NW 16th St Road,Miami, FL 33125

Miami, FL 33125

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Description

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.

Details

MLS #	A12018511
Listing Type	For Sale
Sub-Type	Resale
Status	Active
Year	1974
Days On Site	176
Listing Provided By	The Keyes Company \| Juan Garcia

Features

SQ Feet	25,899
Pool	Yes
Units	2
Zoning	4600
Acreage	0.43

Taxes

Tax Annual Amount	70391

Location

Community Features	Laundry Facilities, Pool

Area Information

State	FL
County	Miami Dade
City	Miami
Zip Code	33125
Area	2310
Listing VS Median (in 33125)
Price: $8,200,000 low \| high Med: $3,425 100% of Average sqft: 25,899 low \| high Med: 871 100% of Average $ / sqft: $317 low \| high Med: $4 100% of Average On site: 176 low \| high Med: 63 100% of Average

Sourced by Back At You

Market Activity 33125

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Oct 2026	Sales: 1	Avg $ Per SqFt: $306.32	Min Sale Price: $465,000	Max Sale Price: $465,000	Med Sale Price: $465,000
Date: Sep 2026	Sales: 1	Avg $ Per SqFt: $0.31	Min Sale Price: $170	Max Sale Price: $170	Med Sale Price: $170
Date: Aug 2026	Sales: 5	Avg $ Per SqFt: $390.64	Min Sale Price: $450,000	Max Sale Price: $780,000	Med Sale Price: $599,000
Date: Jul 2026	Sales: 12	Avg $ Per SqFt: $344.15	Min Sale Price: $12,500	Max Sale Price: $680,000	Med Sale Price: $388,000
Date: Jun 2026	Sales: 13	Avg $ Per SqFt: $369.43	Min Sale Price: $995	Max Sale Price: $855,000	Med Sale Price: $660,000
Date: May 2026	Sales: 16	Avg $ Per SqFt: $357.53	Min Sale Price: $255,000	Max Sale Price: $950,000	Med Sale Price: $655,000
Date: Apr 2026	Sales: 8	Avg $ Per SqFt: $379.1	Min Sale Price: $195,000	Max Sale Price: $1,075,000	Med Sale Price: $855,000
Date: Mar 2026	Sales: 15	Avg $ Per SqFt: $323.79	Min Sale Price: $190,000	Max Sale Price: $1,350,000	Med Sale Price: $575,000
Date: Feb 2026	Sales: 7	Avg $ Per SqFt: $339.7	Min Sale Price: $225,000	Max Sale Price: $1,800,000	Med Sale Price: $745,000
Date: Jan 2026	Sales: 2	Avg $ Per SqFt: $308.61	Min Sale Price: $170,000	Max Sale Price: $659,000	Med Sale Price: $414,500
Date: Dec 2025	Sales: 3	Avg $ Per SqFt: $291.22	Min Sale Price: $236,000	Max Sale Price: $645,000	Med Sale Price: $465,000
Date: Nov 2025	Sales: 1	Avg $ Per SqFt: $230.74	Min Sale Price: $560,000	Max Sale Price: $560,000	Med Sale Price: $560,000

Sourced by Back At You

Oct 2026
Sales:	1
Avg $ Per SqFt:	$306.32
Min Sale Price:	$465,000
Max Sale Price:	$465,000
Med Sale Price:	$465,000
Sep 2026
Sales:	1
Avg $ Per SqFt:	$0.31
Min Sale Price:	$170
Max Sale Price:	$170
Med Sale Price:	$170
Aug 2026
Sales:	5
Avg $ Per SqFt:	$390.64
Min Sale Price:	$450,000
Max Sale Price:	$780,000
Med Sale Price:	$599,000
Jul 2026
Sales:	12
Avg $ Per SqFt:	$344.15
Min Sale Price:	$12,500
Max Sale Price:	$680,000
Med Sale Price:	$388,000
Jun 2026
Sales:	13
Avg $ Per SqFt:	$369.43
Min Sale Price:	$995
Max Sale Price:	$855,000
Med Sale Price:	$660,000
May 2026
Sales:	16
Avg $ Per SqFt:	$357.53
Min Sale Price:	$255,000
Max Sale Price:	$950,000
Med Sale Price:	$655,000
Apr 2026
Sales:	8
Avg $ Per SqFt:	$379.1
Min Sale Price:	$195,000
Max Sale Price:	$1,075,000
Med Sale Price:	$855,000
Mar 2026
Sales:	15
Avg $ Per SqFt:	$323.79
Min Sale Price:	$190,000
Max Sale Price:	$1,350,000
Med Sale Price:	$575,000
Feb 2026
Sales:	7
Avg $ Per SqFt:	$339.7
Min Sale Price:	$225,000
Max Sale Price:	$1,800,000
Med Sale Price:	$745,000
Jan 2026
Sales:	2
Avg $ Per SqFt:	$308.61
Min Sale Price:	$170,000
Max Sale Price:	$659,000
Med Sale Price:	$414,500
Dec 2025
Sales:	3
Avg $ Per SqFt:	$291.22
Min Sale Price:	$236,000
Max Sale Price:	$645,000
Med Sale Price:	$465,000
Nov 2025
Sales:	1
Avg $ Per SqFt:	$230.74
Min Sale Price:	$560,000
Max Sale Price:	$560,000
Med Sale Price:	$560,000

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Contact

Learn More About This Property

Susan Oyer

Coldwell Banker Premium Realty

SL3501661 SRES (561) 736-1251 susanoyercbpr@gmail.com

State	FL
County	Miami Dade
City	Miami
Zip Code	33125
Area	2310
Listing VS Median (in 33125)
Price: $8,200,000 low \| high Med: $3,425 100% of Average sqft: 25,899 low \| high Med: 871 100% of Average $ / sqft: $317 low \| high Med: $4 100% of Average On site: 176 low \| high Med: 63 100% of Average

Sourced by Back At You

Nearby Listings (Within 1/10 mile)

Price: $6.15M - $10.25M

sqft: 19,000 - 32,000

Nearby Listings Property Image	Nearby Listings Details
	$8,200,000 2400 Nw 16th St Road Miami, FL 33125

Listing Updated: October 30, 2026 at 10:24:52 PM PDT

2400 NW 16th St Road,Miami, FL 33125

Miami, FL 33125

Description

Details

Features

Taxes

Location

Area Information

Market Activity 33125

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Coldwell Banker Premium Realty

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$8,200,000

Susan Oyer - Coldwell Banker Premium Realty

2400 NW 16th St Road,Miami, FL 33125

Miami, FL 33125

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Description

Details

Features

Taxes

Location

Area Information

Market Activity 33125

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Contact

Learn More About This Property

Susan Oyer

Coldwell Banker Premium Realty

Contact

Additional Information

Submit Form

Attachments

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$8,200,000

Susan Oyer - Coldwell Banker Premium Realty