Kays Estates, 2400 NW 16th Street Rd, Miami, FL 33125
25,899SqFt
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Details
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Status:
Active
Size: 25,899 SqFt (2,406 m2)
Price: $348/SqFt ($3,741/m2)
Type: Multi Family
Built: 1974
MLS Number: A11899193
On Site: 169 Days
Updated: 5 Days ago
Page Views: 0
Exceptional 27-unit Multifamily In The Heart Of Little Havana. Strong And Stable Income With Great Upside Through Rent Adjustments. All Units Are Currently Under Contract, With The Majority Recently Renewed For 12-month Terms In April, Providing Immediate Income Stability. Units Rent Quickly With Minimal Annual Turnover, And Most Tenants Are Long-term Residents. Features Include Central A/c, New Elevator, Pool, Laundry With New Machines, Hurricane-impact Windows, And Ample Parking. Excellent Location Just Minutes From Brickell, Downtown, And Coral Gables. Current Cap Rate Of Approximately 6.26%. All Figures Are Approximate And Deemed Reliable.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony,Fence,Patio
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Laminate,Other
      • Windows/Treatment: ImpactGlass
      • Year Built: 1974
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2025-10-20T14:48:15.000-00:00
        Taxes, Fees & More
        • Taxes: 70391
        Apples-to-Apples Comparables
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        Price History
        10/20/2025
        Date
        Listed
        Event
        $9M
        Price
        $348 ft2 / $3,741 m2
        Price Per
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Juan GarciaThe Keyes Company • Buyer Agency Compensation .
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