2400 NW 16th St Rd

$9,000,000
Price
Beds
Baths
25,899 Sq. Ft.
$348 / Sq. Ft.
25,899
Sq. Ft.
$348
per Sq. Ft.

Description

Exceptional 27-unit multifamily in the heart of Little Havana. Strong and stable income with great upside through rent adjustments. Most tenants are long-term residents, many now month-to-month, providing flexibility for renovations or repositioning. Units rent fast with minimal annual turnover. Features central A/C, new elevator, pool, laundry with new machines, hurricane-impact windows, and ample parking. Excellent location minutes from Brickell, Downtown, and Coral Gables. The process of increasing...Exceptional 27-unit multifamily in the heart of Little Havana. Strong and stable income with great upside through rent adjustments. Most tenants are long-term residents, many now month-to-month, providing flexibility for renovations or repositioning. Units rent fast with minimal annual turnover. Features central A/C, new elevator, pool, laundry with new machines, hurricane-impact windows, and ample parking. Excellent location minutes from Brickell, Downtown, and Coral Gables. The process of increasing rents and maximizing income has begun. All figures are approximate and deemed reliable but not guaranteed.
  1. Listed by Juan Garcia • The Keyes Company

Property Details for 2400 Northwest 16th St Road

Subdivision
KAYS EST
Style
Fourplex
Waterfront
No
Area
31
Total Units
27
Num Stories
4
Sq Ft Total
25899
Sq Ft Liv Area
25899.0
LISTING UPDATED: 11/06/2025 02:52 PM

Property Details for 2400 Northwest 16th St Road

StatusActive
MLS #A11899193
Days on Market65
Taxes$70,391 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1974
Lot Size-
CountyMiami-Dade County

Location

Listing Courtesy of The Keyes Company
Add your commute

Building Information for 2400 Northwest 16th St Road

Stories-Residences27Year Built1974Building Size-Lot Size-

Payment Calculator

$50,338 per month

30 year fixed, 6.28% Interest

Principal and Interest

$44,472

Property Taxes

$5,866

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2400 Northwest 16th St Road

Location Information
Location Information
  • Parcel Number Free Text: 01-31-34-023-0010
  • Parcel Number MLX: 0010
  • MLS Area: 31
  • Municipal Code: 1
  • Township Range: 31
  • Section: 34
  • Subdivision Number: 23
  • Subdivision Complex Bldg: KAYS EST
  • Unit Count: 2
  • Zoning Information: 4600
General Information
Parking
  • Num Parking Spaces: 45
General Information
  • Property Type Information: Elevator, Substantially Remodeled, Stairs
  • Lot Description: Corner Lot
  • Pool: Yes
  • Pool Description: Below Ground Pool
  • Construction: Concrete Block Construction, CBS Construction
  • Construction Type: Concrete Block Construction, CBS Construction
  • Roof Description: Built-Up Roof, Other Roof
  • Flooring: Laminate Floors, Other Floors
  • Floor Description: Laminate Floors, Other Floors
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Hot Water, Lawn Care, Pest Control, Pool Maintenance, Sewer, Trash Removal, Water
  • Windows Treatment: High Impact Windows, Impact Glass, Verticals
  • Exterior Features: Balconies, Fence, Laundry Facility, Open Balcony, Patio
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: AE
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Deposit - Last Months Rent, Deposit - Security, Financial Statement, Copy Of Lease(S), Other Available Information, Rent Rolls, Service Contracts, Existing Survey
  • Special Assessment: No

Property History for 2400 Northwest 16th St Road

DateEvent & SourcePriceAppreciation
Oct 20, 2025

Listed (Active)

MiamiRE #A11899193

$9,000,000
Oct 1, 2021

Expired

MiamiRE #A10947193

Oct 1, 2021

Expired

MiamiRE #A10936072

Aug 16, 2021

Temp Off Market

MiamiRE #A10947193

Aug 16, 2021

Temp Off Market

MiamiRE #A10936072

Jul 25, 2021

Listed (Active)

MiamiRE #A10947193

Apr 27, 2021

Temp Off Market

MiamiRE #A10947193

Oct 23, 2020

Listed (Active)

MiamiRE #A10947193

$5,500,000
Oct 1, 2020

Listed (Active)

MiamiRE #A10936072

$5,500,000
DateEvent & SourcePrice
10/20/2025

Listed (Active)

MiamiRE #A11899193

$9,000,000
10/01/2021

Expired

MiamiRE #A10947193

10/01/2021

Expired

MiamiRE #A10936072

08/16/2021

Temp Off Market

MiamiRE #A10947193

08/16/2021

Temp Off Market

MiamiRE #A10936072

07/25/2021

Listed (Active)

MiamiRE #A10947193

04/27/2021

Temp Off Market

MiamiRE #A10947193

10/23/2020

Listed (Active)

MiamiRE #A10947193

$5,500,000
10/01/2020

Listed (Active)

MiamiRE #A10936072

$5,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2400 Northwest 16th St Road

Taxable ValueLand$847,245Additions$3,482,755Total$4,330,000
Tax Record2024$66,760 ($5,563 / month)
Home Facts
Total Finished SqFt25,899 SqFtAbove Grade Finished SqFt25,899 SqFtStories4Lot Size24,207 SqFtStyleMulti-Family Dwelling (2-4)Year Built1974Zoning4600:MULTI-FACountyMIAMI-DADEAPN01-3134-023-0010

Schools near 2400 Northwest 16th St Road

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Comstock Elementary School
PublicPK to 5

Citrus Grove Elementary School
PublicPK to 5

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2400 Northwest 16th St Road is a multi-family home for sale in Miami, FL 33125. This property was listed for sale on October 20, 2025 by The Keyes Company, it's currently listed at $9,000,000. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Comstock Elementary School, Citrus Grove Elementary School and Air Base K-8 Center for International Education. 2400 Northwest 16th St Road is a 0-bed, 0-bath, 25,899 sqft multi-family home built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Keyes Company

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.