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Kays Estates, 2400 NW 16th Street Rd
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OFF MARKET
$9,000,000
25,899
SqFtStatus
OFF MARKETExpired
Size
25,899 SqFt (2,406 m2)
Price
$348/SqFt ($3,741/m2)
Type
Multifamily
Built
1974
MLS Number
A11899193
On Site
330 Days
Updated
134 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 7.04%. 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
Price History
Date
Event
Price
Change
Price Per
10/20/2025
Listed
$9M
$348 ft2
$3,741 m2
10/20/2025
$9M
Event
Listed
Price Per
$348 ft2
$3,741 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Juan Garcia • The Keyes Company • Buyer Agency Compensation .
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Scores
71
100
46
100
46
100
71
100
8
100
36
100
2
100
Community Snapshot
25,899 - 25,899
SqFt Range
1974
Year Build
Subdivision Amenities
Elevators
Laundry
Pool
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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