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$9,000,000

2400 NW 16th St Rd, Miami FL 33125

Miami, FL 33125

High Pines

0

Bedrooms

0

Bathrooms

25,899

Sq Ft

1974

Year Built

About This Property

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.

Property Details

Property Type Residential Income
Status Active
Days on Market 169
MLS # 75bf146978976455c2d37e120e03564b