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2400 NW 16th St Rd Miami FL 33125 MLS #A11899193

2400 NW 16th St Rd
Miami, FL, 33125
$9,000,000
Beds
0 Bathrooms
25,899 SqFt
0 Acres
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$9,000,000
2400 NW 16th St Rd
Miami, FL, 33125
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Project 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 rents and maximizing income has begun. All figures are approximate and deemed reliable but not guaranteed.

Financial

Net Operating Income
$499,392
Tax Year
2024
Taxes
$70,391

Investment results for buyers and agents

Schools

Interior

Cooling
Central Air
Flooring
Other
Heating
Central

Exterior

Construction Materials
Concrete Block Construction, CBS Construction
Exterior Features
Balcony, Open Balcony
Parking Spots
45
Roof
Built-Up, Other

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Map

2400 NW 16th St Rd
Miami, FL