2400 NW 16th St Rd, Miami FL 33125

$9,000,000

$347.50/Sq Ft

  • N/A Beds
  • N/A Baths
  • N/A Parking
  • 25899 ft²
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.

Marvel Avellanet
Marvel Avellanet

Real Estate Broker

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Technical Summary
Price$9,000,000
BedsN/A
BathsN/A
Area25899 ft²
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