Kays Est Fourplex For Sale
2400 Nw 16th St Rd, Miami, FL 33125

$9,000,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11899193
  • Virtual Tour: YES
  • List Price: $9,000,000
  • Living Area: 25899 Ft² / 2,406 M²
  • Price Per Foot/Meter: $348 / $3,740
  • Taxes:$70,391
  • Year Built:1974
  • Listing Date:October 20, 2025
  • Days On Market:191

Description


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


  • Floor:Laminate, Other
  • Exterior Feature:Balcony, Fence, Patio

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker